Many commercial-property landlords here are offering rent concessions in the form of reduced rates or periods of free rent to attract and retain tenants, who are shopping the market and willing to move for better deals or more desirable space, some leasing agents here say.

Mark McLees, senior sales and leasing broker with commercial real estate brokerage NAI Black, of Spokane, estimates that about two-thirds of landlords have been willing to adjust rents in recent transactions.

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