---
title: "Concession package — Class A Atlas glossary"
description: "Sum of free rent + TI + other landlord giveaways."
canonical: https://classa.info/glossary/concession-package
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Sum of free rent + TI + other landlord giveaways.

## TL;DR

- Sum of free rent + TI + other landlord giveaways.
- In current US Class A markets, concession packages run 25–40% of total contract value.

# Concession package

*Leasing · US*

## Short definition

Sum of free rent + TI + other landlord giveaways.

## Full definition

In current US [Class A](/glossary/class-a) markets, concession packages run 25–40% of total contract value. Stabilised-occupancy buildings give less; lease-up buildings give more.

## Why this matters for Class A leasing

Concession package is part of the leasing vocabulary that institutional Class A occupiers, landlords, and advisers use across US markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the US definition alongside the global standard so [cross-border](/topics/cross-border-expansion) occupiers can translate quickly.

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Citation: Source: Class A Atlas (https://classa.info/glossary/concession-package), updated 2026-04-01T00:00:00.000Z.