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Glite Dictionary
to prelease

to prelease

1 8.2
Rent out a property before it is finished or available
  • verb
  • Specialized
: prealquilar
  • The new apartment complex was preleased before construction was even finished, ensuring tenants would move in right away.

Examples

  • They decided to prelease the new retail units to popular brands before the mall opened.

  • Developers often prelease apartments to secure tenants ahead of completion.

  • The company managed to prelease all the office spaces before the building was finished.

  • They decided to prelease the apartments before the construction was finished.

  • The company preleases new office spaces every year.

  • Investors are eager to prelease the commercial space to secure tenants before the official opening next month.

  • To maximize profitability, the developer decided to prelease several units while the building was still under renovation.

How Early

to reserve
167 3.1
to prelease
  • Specialized
1 8.2
to rent
165 1.8

Surface Forms

prelease infinitive
preleased past
preleased past participle
preleasing present participle
preleases third person singular

Morphology

prelease = lease (transparent) = pre + lease

This is a straightforward temporal use of the productive prefix 'pre-' added to 'lease', meaning to lease in advance.

Etymology

The word prelease joins pre- meaning 'before' and lease meaning 'to rent out', so to prelease is to rent a property before it is finished or officially available.