LIVINGSTON, NJ—Santander Bank has signed a long-term extension of its lease at Crossroads at Livingston, 301 South Livingston Avenue in Livingston, N.J. The nearly 5,000 square-foot bank branch offers a full range of financial products and banking services, including drive-up and 24-hour ATM access. Santander Bank was represented by Cushman & Wakefield and the Landlord, Centrock Corporation, was represented by Peter Rasmusson, CCIM and Rick Gelmetti of Lee & Associates of NJ.

BETHLEHEM, PA—Gebroe-Hammer Associates has arranged the $26.1 million sale of Lehigh Crossing in the City of Bethlehem, at the midway point along the highly desirable Allentown-Bethlehem-Easton corridor in the central section of eastern Pennsylvania. The 211-unit apartment and townhome community, at 1416 Livingston St., is in the Bayard Park neighborhood near Bethlehem's historic city center. Executive managing director Joseph Brecher exclusively represented the seller and procured the out-of-state buyer in the sale.

BOSTON, MA—Jones Lang LaSalle's Capital Markets group secured a $36.35 million, 10-year loan from a life insurance company to finance the purchase of a two-building industrial portfolio in suburban Boston. The loan enabled Dallas-based L&B Realty Advisors to acquire the industrial portfolio on behalf of an institutional client. Senior Vice President Robert Borden and Executive Vice President Heather Brown led the JLL team handling the financing transaction. The 775,000-square- foot portfolio consists of two 32-foot clear height warehouse distribution buildings in Massachusetts. They are: 1 Distribution Center Circle in Littleton, and 154 Campanelli Drive in Middleborough. Both buildings are fully leased, with the 275,000-square-foot Middleborough property occupied by a single tenant. The 480,000-square-foot Littleton property is fully leased to six tenants.

KING OF PRUSSIA, PA—Major renovations have begun to reposition 170 N. Henderson Road, a 40,000-square foot office building in King of Prussia, PA. The renovations will create a state-of-the-art medical office building at the property. The estimated $3 million renovation project will include expanded parking and a full interior modernization. Matthew Shanahan and Ina Sargen of Colliers International represent 170 N. Henderson Road.

BROOKLYN, NY—Kalmon Dolgin Affiliates has been named the exclusive sales and marketing agent for a five-lot portfolio totaling 1,068,077 square feet across 24.5 acres on Staten Island. The two parcels, 4482 Arthur Kill Road and 742 Sharrots Road in the West Shore-Charleston neighborhood, are being offered in one package as a prime development opportunity for $23 million. KDA's Neil Dolgin, Grant Dolgin and James Dario Jr. are the brokers managing the listing. The development package includes 4482 Arthur Kill Road, which comprises three contiguous lots totaling 713,077 square feet, with 770 square feet of frontage on two streets. The other parcel, 742 Sharrots Road, is made up of two contiguous lots totaling 355,000 square feet, with 1,110 square feet of frontage on Sharrots Road and 500+/- square feet of water frontage. The site is zoned M1-1/SRD.

WOODBRIDGE, NJ—The Kislak Company brokered the $6.35 million sale of Dutchess Falls Townhomes, a 47-unit multifamily property located at 2 Wenliss Terrace, Wappingers Falls, NY. Kislak marketed the property on an exclusive basis with senior vice president Janet Bortz (pictured with property) representing the seller, a New York investment group, and the buyer, a large multifamily property owner with residential complexes in New York and New Jersey. Dutchess Falls Townhomes, built in 1960, contains 47 units, all fully renovated on both the interior and exterior in the last 10 years, consisting of 32 two-bedroom and 15 three-bedroom, two-story units.

BROOKLYN, NY—Levin Management Corporation has arranged a 2,300-square-foot lease for growing farm-to-table restaurant brand Dig Inn at 166 N. 4th Street in the Williamsburg section of Brooklyn, NY. The lease signing, arranged by Levin's senior leasing representative Kyle Farley, marks the regional chain's first location in New York City's thriving Brooklyn borough. Dig Inn is rapidly expanding its presence throughout the tri-state area, and currently has more than 20 restaurants open or in development throughout New York and Boston.

NEW YORK, NY—Thor Equities has leased 5,800 square feet of retail space at 680 Madison Avenue to British haute couture fashion house Ralph & Russo. Running the entire length of Madison Avenue between 61^st and 62^nd Streets, 680 Madison includes 38,500 square feet of space owned by Thor Equities.

PHILADELPHIA, PA—Rittenhouse Realty Advisors brokered the $4.475 million sale of the Watermill Lofts at 4 Leverington Avenue in the Manayunk neighborhood of Philadelphia, PA. The property is a renovated, luxury warehouse conversion apartment community. The building has 20 loft-style apartments and one street-level commercial unit, along with 21 parking spaces.

NEW YORK, NY—One of China's best known and most popular restaurants will soon open its first East Coast location at Flushing Commons, a new mixed-use office, residential and retail development in Queens. Hai Di Lao completed a long-term lease for approximately 12,000 square feet of space on the second floor of 38-18 Union Street, recently completed as part of Phase I of Flushing Commons. A Colliers International team led by Jonathan Plotkin, executive managing director, and Kenny Yip, associate director, represented owner Flushing Commons Property Owner, a partnership of F&T Group, Rockefeller Group and AECOM Capital, in the transaction. Yin Li, Managing Director and Savills Studley's Head of China Operations, represented Hai Di Lao in the transaction.

QUINCY, MA—Square Mile Capital Management has teamed with JPMorgan Chase to originate $75 million in financing secured by the Boston Marriott Quincy, a 466-key hotel located in Quincy, MA. The financing was made to Columbia Sussex Corporation, a privately-owned hotel owner and operator based in Crestview Hills, KY, with a current portfolio of more than 13,000 keys across the United States and St. Maarten. The financing, which was used to acquire the property and fund renovations, was arranged by Lawrence Britvan and Matt Jacobs of Hodges Ward Elliot's New York City office. Boston Marriott Quincy is located in South Boston's burgeoning Quincy market, approximately 12 miles from Boston's CBD.

Money Moves

NEW YORK, NY—Denihan Hospitality promoted Gul Goknar Turkmenoglu to regional vice president of operations. Ms. Goknar Turkmenoglu will also continue to serve as general manager of The Benjamin, the company's 209-room luxury boutique hotel located in midtown Manhattan. Ms. Goknar Turkmenoglu will oversee Denihan's growing operations team including all general managers. A native of Turkey, Ms. Goknar Turkmenoglu has more 25 years of luxury and lifestyle management experience at both domestic and international hotels.

NORTH PLAINFIELD, NJ—Levin Management Corporation added eight new team members spanning accounting, marketing, property management and legal departments. Pictured from the top (from left) are: Maria Tsampounieri, marketing associate; Donna Gonzalez, administrative assistant; Valerie Trani, bookkeeper; and Lai Lau, controller. Pictured on the bottom (from left) are: Aleksandra Pulawska-Baron, staff accountant; Sher'rae Bush, administrative assistant, and Jason Pompeo, accounts payable specialist. Not pictured is Dylan Rotchford, property manager.