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gross leasable area

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Wikipedia 0.01 sec.
gross leasable area (GLA)
A total amount of floor space available for rental to tenants; typically encountered in the retail development industry,although it also applies to office space.


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5% of the portfolio's operating gross leasable area was occupied at closing.
1 million square feet of gross leasable area, and 16 related retail real estate assets, with approximately 694,000 square feet of gross leasable area.
5 percent of the portfolio's operating gross leasable area was occupied at closing.
 
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