Largest, longest-term, highest-credit tenant in a building.

  • Largest, longest-term, highest-credit tenant in a building.
  • Drives building branding, financing terms, and adjacent leasing.

Anchor tenant

Leasing · Global

Short definition

Largest, longest-term, highest-credit tenant in a building.

Full definition

Drives building branding, financing terms, and adjacent leasing. Trophy lease-up commonly anchors with a top-tier law firm, bank, or global tech HQ at 25–40% of building NRA.

Why this matters for Class A leasing

Anchor tenant is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.