AVENEL, NJ— A joint venture of Ivy Equities and CenterSquare Investment Management has sold its 317,500-square-foot manufacturing and warehouse building at 11 Cragwood Road for $25.2 million to CenterPoint Properties. Cushman & Wakefield's Metropolitan Area Capital Markets Group orchestrated the transaction.

Some recent private chit-chat heard among a group of prominent real estate dealmakers: “Land prices are out of reach.” “I'm struggling with low yields.” “Opportunities are harder to find.” “You can't make the numbers work on (building) condos.” “Not buying existing core assets.” “Spread compression is too much.” “It's insane pricing on industrial.” “Underwriting is loosening.” “It's a tremendous time to borrow.” “Debt has never been cheaper. “We're seeing limited or no call protection--loans will come back to you.” …

MIAMI— GlobeSt.com caught up with Bilzin Sumberg's Howard E. Nelson and Cristina Arana Lumpkin to get some answers as developer opportunities change in part one of this <b> EXCLUSIVE </b> interview.