I have to find the Gross leasable area for an office tenant who shares common elements with an ajacent office Tenant. What is the calculation.

Yes, the gross leasable area includes vacant spaces. A vacant space is a leasable area, it just happens to not be leased. When calculating a tenant's share of costs it's always more favorable to have your share based on leasable square footage. That way, you are not being penalized for vacant spaces. If your lease states that your share is based on leased square footage, then all vacant spaces are taken out of the equation and the share of costs is being spread across a smaller pool of tenants. This is not beneficial to the tenant, but is beneficial to the landlord.

Gross Leasable Area (GLA) divided by Tenant Square Footage = CAM

Make sure you multiply by 100 to get the actual percantage

No. The biggest mall in Asia in terms of Gross Leasable Area (GLA) is the Golden Resources Mall in China. In terms of Total Land Area, the Dubai Mall is the biggest.

GROSS BUILDING AREA

The sum total of all building spaces. GBA is typically used as a measurement of office, industrial and agricultural buildings. Often measured based on external wall lengths. GBA for these types of properties is often broken down further into Gross Leasable Area and/or Net Usable Area.

Thanks