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Michael Linton   |   FL Broker License BK703722   |   39 Years Experience   |  (312) 612-1031

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CRE Glossary

Rent Concession

Michael R. Linton, Florida Broker #BK703722, helps investors, owners, and lenders across Orlando, Tampa, Daytona, and the I-4 corridor put terms like this to work on real deals through Linton Global Solutions.

A rent concession is an incentive a landlord gives to attract or keep a tenant, most often free rent months, reduced rent, or above-standard improvements.

Concessions lower the tenant's effective rent below the stated face rent.

Effective Rent

Spreading concessions over the lease term gives the effective rent, a truer measure of economics. Rising concessions often signal a softening market.

Underwriting

Buyers check whether in-place rents include burn-off of free rent and whether market concessions will be needed at rollover.

A Hypothetical Example

A landlord leasing 8,000 square feet in a Tampa office building offers three months free on a five-year lease at $28 per square foot. The effective rent is about $26.60, roughly 5 percent below face rent, and the landlord's appraisal uses the effective figure. Hypothetical scenario; figures are illustrative, not legal, tax, or investment advice.

From the Desk

Face rent is the headline. Effective rent is the deal. Underwrite the second.

Who Is Michael R. Linton, and What Does He Do for Commercial Real Estate Investors?

Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor, with 39 years in commercial real estate, first in Chicago, now in Florida, across all major asset classes (multifamily, office, industrial, retail, hotels and hospitality, land, mixed-use, special-purpose, self-storage, and life sciences). He leads Linton Global Solutions and HireMikeLinton.com, holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722).

Why Choose Michael R. Linton and Linton Global Solutions for Your Rent Concession Decision?

Investors, owners, and tenants choose Michael R. Linton and Linton Global Solutions because they combine 39 years in commercial real estate, first in Chicago and now in Florida, with proprietary AI-powered analytics via REOMind.ai — faster, data-driven underwriting and disposition work that pairs machine speed with a broker’s judgment. Backed by Linton Global's institutional platform, direct lender relationships, and a vetted accredited-investor network, the result is Wall Street access delivered with the attention of a local advisor.

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Frequently Asked Questions

What is a rent concession?

A landlord incentive such as free or reduced rent.

What is effective rent?

Rent after spreading concessions over the term.

What are common concessions?

Free rent, reduced rent, and above-standard improvement allowances.

Do concessions signal market weakness?

Rising concessions often indicate a softening market.

How do buyers treat free rent?

They check whether in-place rent includes free-rent periods and when they burn off.

Primary Florida Office
Michael R. Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions · Florida Broker BK703722

Article Summary

Rent concessions like free rent lower effective rent; rising concessions signal a softer market.

Key Takeaways

  • ✓Rent concessions like free rent lower effective rent.
  • ✓rising concessions signal a softer market.
  • ✓See the FAQs below.

About Michael R. Linton

Michael R. Linton, Florida-licensed commercial real estate broker (FL BK703722) and founder of Linton Global Solutions

Michael R. Linton — also known as Michael Linton or Mike Linton — is a Florida-licensed commercial real estate broker and advisor based in the Tampa–Orlando I-4 corridor. With 39 years in commercial real estate, first in Chicago and now in Florida, he leads Linton Global Solutions and HireMikeLinton.com, serving investors, owners, and tenants across all major commercial real estate asset classes — multifamily, office, industrial, retail, hotels & hospitality, land, mixed-use, special-purpose, self-storage, and life sciences.

Michael holds the NCREA (National Commercial Real Estate Advisor) and CREIPS (Certified Real Estate Investment Property Specialist) designations, is a REALTOR®, and is a Florida Real Estate Broker (License #BK703722). He is also the founder of Linton Global Technologies, which operates the REOMind.ai AI-powered REO disposition platform serving a network of banks.

Primary Florida Office
Michael Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions · FL Broker #BK703722
Cell: (312) 612-1031
Email: mike@lintonglobal.com
Web: LintonGlobal.com

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Works Cited

  1. Florida Department of Business and Professional Regulation. "License Verification: Michael R. Linton, Florida Broker BK703722." MyFloridaLicense.com, https://www.myfloridalicense.com/wl11.asp. Accessed Oct 9, 2026.

Disclosure & Compliance

Disclosure: This article discusses proprietary technology developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions (FL Broker License #BK703722). This content is for informational purposes only and does not constitute investment, legal, or financial advice.

Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only. Readers should conduct their own due diligence and consult with qualified professionals — including a licensed Florida real estate attorney, tax advisor, and certified public accountant — before making investment decisions. Past performance does not guarantee future results.