Property Management
What is 'gross leasable area' (GLA) in commercial property management?
AThe total exterior building square footage
BThe total floor area of a building available for tenant occupancy and exclusive use, measured from the inside of exterior walls and from the centerline of shared walls✓ Correct
CThe common area square footage only
DThe footprint of the building on the lot
Explanation
Gross Leasable Area (GLA) is the standard measurement of rentable commercial space, used particularly in retail. GLA includes all area for tenant use — excluding common areas, mechanical rooms, lobbies, and exterior walls.
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