lease-up

Definition of "lease-up"
  1. The process of securing tenants for a property
How to use "lease-up" in a sentence
  1. The property manager's primary task is to ensure a successful lease-up of the new apartment building.
  2. After months of intensive marketing, the lease-up operation was finally complete, with each unit in the complex rented.
  3. The cost of lease-up can be considerable, taking into account advertising and showing expenses.
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