From Longman Business Dictionary
leaselease1 /liːs/ verb [transitiveT]COMMERCE1if you lease something to someone, you give them the right to use it for a particular period of time in return for paymentlease somebody somethingThe local authority leased him the property.
lease something to somebodyAT&T leased the building to Sony and said it would find cheaper space elsewhere.
lease something out (to somebody)We lease the land out to the forestry people.
2if you lease something from someone, you pay them to let you use it for a particular period of timelease something from somebodyAll its scientific equipment is leased from another company.
→ see also sublease, sublet