---
title: "Anchor tenant — Class A Atlas glossary"
description: "Largest, longest-term, highest-credit tenant in a building."
canonical: https://classa.info/glossary/anchor-tenant
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

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

## TL;DR

- 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](/glossary/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](/topics/cross-border-expansion) occupiers can translate quickly.

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Citation: Source: Class A Atlas (https://classa.info/glossary/anchor-tenant), updated 2026-04-01T00:00:00.000Z.