What is rental trend for southern nj/phila, pa for indust. tenant renewing in sept '10 for <5k sq ft space?

Looking to buy industrial space <10k sq ft standalone(2 units). It's currently leased through sept 2010. I'm currently signed for my own lease through june 2012 but am interested in buying this property, leasing it for 2 yrs and then moving into at least 1 of the units, leasing the other.
In Buying Property - Asked by Kevin H. - Mar 5, 2010
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Brad L. K.
Broker/Agent
Columbus, OH

I suggest that you contact a local commercial real estate agent to find local market information such as this. If you hire a commercial real estate agent to help you negotiate such a deal this would save you money, assure that the deal is structured properly, and generally will not cost you anything. Jim Davis with Resource Realty may be able to help you in Southern NJ / Philadelphia or suggest someone that can. Jim's number is 856.727.0700. Also try www.SIOR.com to find agents in any city.
Brad Kitchen
President
Alterra Real Estate Advisors
www.AlterraRE.com

May 13, 2010
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