Pre-leased


verb (used with object), preleased, preleasing.
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.
noun
2.
a lease on a building, apartment, etc., that is offered or signed before construction has begun.

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  • Preleasing

    verb (used with object), preleased, preleasing. 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. noun 2. a lease on a building, apartment, etc., that is offered or signed before construction has begun.

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