preleasing

Renting before completion

Preleasing is signing tenants for a property before it's ready for occupancy.

Apartment complexes and commercial buildings often prelease units while still under construction: The new development is now preleasing for fall move-in.

The practice helps developers secure financing and gauge demand before completion.

realestate

tenant

One who rents property

contract · landlord · property · commercial · vacancy · space · signing · commitment · deposit · terms

marketing

hype

Exaggerated promotional fanfare

publicity · buzz · announcement · preview · countdown · reveal · launch · debut · awareness · viral

entertainment

tickets

Documents permitting entry

showing · opening · booking · seats · reservations · exclusive · access · fans · subscribers · members

Opposites
lease timing

preleasingsubletting

Renting out rented property

releasing · renewal · lease renewal

commitment duration/flexibility

preleasingmonth-to-month

Renewable each period

short-term rental · temporary housing · vacation rental · weekly rental · hotel stay

Family

release, lease, released, releasing, leasing, leases, lessee, lessor, releasable

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G