prelease

pre- +‎ lease

prelease (third-person singular simple present preleases, present participle preleasing, simple past and past participle preleased)

1. (transitive) To arrange a lease for in advance.
   • 2007 January 31, Elsa Brenner, “From Arms to Art”, in New York Times‎:

     “When we tried to prelease the old warehouse, it was almost impossible to convince anyone that this rather nondescript building could be turned into a regional arts center,” said Roger E. Noyes, a Noisette director of development for this project.

prelease (plural preleases)

1. A lease arranged in advance.

• eelspear