Gross leasable area
Encyclopedia
Gross leasable area in the retail development industry is a term applied to shopping mall
Shopping mall
A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area — a modern, indoor version...

s, lifestyle centers
Lifestyle center (retail)
A lifestyle center is a shopping center or mixed-used commercial development that combines the traditional retail functions of a shopping mall with leisure amenities oriented towards upscale consumers...

, outlet malls and other retail centers to indicate the amount of floor space available to be rented. Specifically, gross leasable area is defined as the total floor area designed for tenant occupancy and exclusive use, including any basement
Basement
__FORCETOC__A basement is one or more floors of a building that are either completely or partially below the ground floor. Basements are typically used as a utility space for a building where such items as the furnace, water heater, breaker panel or fuse box, car park, and air-conditioning system...

s, mezzanine
Mezzanine (architecture)
In architecture, a mezzanine or entresol is an intermediate floor between main floors of a building, and therefore typically not counted among the overall floors of a building. Often, a mezzanine is low-ceilinged and projects in the form of a balcony. The term is also used for the lowest balcony in...

s, or upper floors. It is typically expressed in square metres (although in some places such as the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 and Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

, the square foot is used). It is measured from the center line of joint partitions and from outside wall faces. That is, gross leasable area is the area for which tenants pay rent, and thus the area that produces income for the property owner.

It is well established that for a retail store with only one major vendor, the measurements Gross Floor Area (GFA) and Gross Leasable Area (GLA) are essentially equal.

The Gross Leasable Area (GLA) means the Total Floor Area designed for tenant occupancy and exclusive use. Except for the recent small addition, a single major vendor in a retail building is the only tenant in the total square foot (TFA) store. Since the owner essentially owns the entire building, and all areas are essentially used for the operation of the store, then for Loblaws GFA = GLA.
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