Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb transitive To arrange a
lease for in advance. - noun A lease arranged in advance.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Another way of reducing the risk in such developments is to prelease space to a prospective tenant before the building is completed.
U.K. Builders Woo Cash-Rich Partners William Boston 2010
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Unlike past peaks, when they funded construction projects with few or no tenants, banks now generally require developers to have prelease agreements for as much as 50% of a building before getting started.
Less Building Now, Higher Office Rents Later Eliot Brown 2012
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Despite the risk of taking on a development in the midst of the worst recession in decades, AREA felt comfortable with the prelease agreements with retailers.
Europe Property Deals Start Strong William Boston 2010
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Segro also is one of the few investors that is willing to build on speculation near the airport without first signing up tenants in prelease agreements.
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Hether Smith, senior vice president and branch manager for Studley Inc. in Philadelphia who represents tenants, said the landlord would have to prelease at least 600,000 square feet to a credit-worthy tenant.
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Hines will need to prelease at least half the project's 425,000 square feet of office space before it seeks financing for the office component, the spokeswoman says.
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SJP Properties, a Parsippany, N.J., developer, says it would like to prelease some of its planned 14-story Waterfront Corporate Center III office building before starting construction, according to David Welch, chief financial officer of SJP Properties.
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"Miami's not much of a prelease market," says Ms. Cockrum, chief executive of Foram Group Inc., a real-estate company based in Miami.
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I'm using one of the latest prelease versions of MKVToolnix 3.0.0.
Doom9's Forum Midzuki 2010
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I'm using one of the latest prelease versions of MKVToolnix 3.0.0.
Doom9's Forum [ReX] 2010
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