The concept of a "Best Real Estate Market" can be highly dependent on environmental factors and your personal investment strategy.There are many factors one should look at including but not limited to:Vacancy RatesHousing Starts / CompletionsAppreciationSale PricesPublic DevelopmentCorporate InvestmentEmployment RatesPrice / Rent VarianceIt can be easy to get overwhelmed with such a huge variety of metrics.

Environmental issues7. 

PROFESSIONAL ADVICE; BROKER LIABILITY: Broker advises Buyer and Seller to verify Property condition, square footage, and all other facts and representations made pursuant to this Contract and to consult appropriateprofessionals for legal, tax, environmental, and other specialized advice concerning matters affecting the Propertyand the transaction contemplated by this Contract.

There are very strict environmental laws and the removal/ water testing process and or treatment can become quite pricey.  

Don't let this escalate, as legal relocation can cost $thousands$.Start keeping records of mold inspection reports and your history of None Found per unit; it will assist to show it's tenant behavior and not environmental.

It's important to consider environmental risks.

While Brokers and salesperson who are involved in this transaction are trained as licenses under the New Jersey Licensing Act they readily acknowledge that they have no special training or experience with respect to the complexities pertaining to the multitude of structural, topographical, and environmental components of this Property.

To give you an idea, you can probably build storage from ground up (assuming nothing crazy with the land...environmental, massive earth work, jungle, etc) for somewhere around $30 per square foot.

Also, are there any environmental issues/liabilities that you are on the hook for?

As for the fees, the dollar amount can be all over the board depending on the lender but on most larger commercial projects it is not uncommon to incur  significant underwriting cost for appraisal, environmental, PCNA reports etc..