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Real Estate Glossary

Automobile Parking Ratio

inflation calculator
Richard Wilson
Written by Richard Wilson

This is calculated by putting into comparison the number of automobile parking spaces at an industrial building project to the gross leasable area (GLA) of a building. It is typically presented in the number of spaces per 1,000 square feet of GLA. This, however, varies by property as labor-intensive operations usually need higher parking ratios.

This is calculated by putting into comparison the number of automobile parking spaces at an industrial building project to the gross leasable area (GLA) of a building. It is typically presented in the number of spaces per 1,000 square feet of GLA. This, however, varies by property as labor-intensive operations usually need higher parking ratios.

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Richard Wilson

Richard Wilson

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