prelease


prelease
prelease pre‧lease [ˌpriːˈliːs] verb [transitive]
PROPERTY to obtain agreements in advance from companies to rent part of a building:

• Most of its properties were in prime locations; many were preleased.


Financial and business terms. 2012.

Look at other dictionaries:

  • prelease — /pree lees /, v., preleased, preleasing, n. v.t. 1. to sign or grant a lease on (a building, apartment, etc.) in advance of construction: Agents have preleased more than 60 percent of the new building. n. 2. a lease on a building, apartment, etc …   Universalium

  • prelease — 1. verb To arrange a lease for in advance. 2. noun A lease arranged in advance …   Wiktionary

  • prelease — /pree lees /, v., preleased, preleasing, n. v.t. 1. to sign or grant a lease on (a building, apartment, etc.) in advance of construction: Agents have preleased more than 60 percent of the new building. n. 2. a lease on a building, apartment, etc …   Useful english dictionary

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