REAL ESTATE

New York -- Schurman Retail Group, owners of Papyrus North America, announced the opening of the first Niquead.D flagship in New York City. It is the brand’s second location to date, with the first opening in December 2012 in Danville, Calif. A second Manhattan location is scheduled to open later this fall, and will be the first to share an entryway with a full-sized Papyrus store.

Hilton Head Island, S.C. — Shelter Cove Towne Centre has signed letters of intent with two new tenants: Heritage Fine Jewelry and Jake’s Wayback Burgers.

A joint venture between Blanchard & Calhoun Commercial and Kroger Real Estate, Shelter Cove is being developed into a destination for Hilton Head residents and the area’s 2.5 million visitors. The project includes plans to redevelop the existing mall into a walking village that will consist of 290,000 sq. ft. of retail space anchored by Kroger and Belk.

San Jose, Calif. — Togo’s Eateries has announced two multi-unit franchise agreements to develop 20 new restaurants in Oregon and California over the next several years.

Togo’s Franchisee Mark Fischer will open 10 restaurants in Portland, Ore., and 10 additional locations in Los Angeles County. The first will open in Portland in the first quarter of 2014.

Fischer and his parterns currently own and operate two California restaurants in Stockton and Tracy, Calif.

Aliso Viejo, Calif. — Honduras has welcomed Johnny Rockets to its first location in the country at City Mall Tegucigalpa. It is the second Central American restaurant — the first opened in Panama City in 2010. The new restaurant spans 2,266 sq. ft. plus a 365-sq.-ft. terrace. It seats 105 diners.

The largest shopping center in the Honduran capital, City Mall features more than 300 shops and restaurants; eight Cinemark theatres; and parking for 1,500 cars.

Prattville, Ala. — Cobbs For Village, a 2.52-acre inline shopping center currently under construction in Prattville, Ala. is adding three tenants to its lineup.

Smashburger, Gigi’s Cupcakes and Chipotle Mexican Grill have signed leases with GBT Realty Corp. and will take up residence when the center opens next spring.

The new tenants join previously announced Starbucks Coffee, Aspen Dental and Firehouse Subs. GBT Realty is currently in lease negotiations for two of the four remaining available spaces.

Winston-Salem, N.C. - In collaboration with Russian restaurateur and franchise partner Arkady Novikov, owner and operator of LLC Doughnuts Cafe, the first Krispy Kreme doughnut shop in Moscow is scheduled to open on Sept. 12.

Memphis, Tenn. — Perkins Restaurant & Bakery has announced a six-unit franchise development agreement in Iowa and Nebraska over the next six years. The franchisee, CyHawk Hospitality Inc., currently operates six Perkins Restaurants and Bakeries — five in Iowa and another in Independence, Mo.

The first of the six new units opened in July in Ankeny, Iowa. Another location in Norfolk, Neb., has broken ground with an anticipated opening later this month.

Los Angeles — David K. Henry will join Transwestern as a Los Angeles-based managing director. He will lead the West Coast Tenant Advisory Services group and serve occupier clients with locations throughout the U.S. along with the tenant advisory group’s international alliance with Paris-based BNP Paribas Real Estate. Henry will also join the firm’s National Tenant Advisory Steering Committee.