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In this episode of Real Estate Shorts, Alex Moore and Kate discuss the concept of free rent in commercial real estate. Free rent is a concession where a landlord forfeits a month's rent to attract tenants. This can help entice tenants to occupy space and feel like they are getting a deal. It also benefits tenants by allowing them to budget without that expense for a month. Owners use free rent as a strategy to attract tenants and fill vacancies in their buildings.