net leasable area

net leasable area definition - business

net leasable area

The floor space of a building that is available for lease. Net leasable area excludes foyers, hallways, and areas devoted to elevators, air conditioning, and other utilities.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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