REAL ESTATE

Johnny Rockets rockets into Tegucigalpa

BY Michael Fickes

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.

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REAL ESTATE

Transwestern brings on new managing director

BY Michael Fickes

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.

Prior to joining Transwestern, Henry served as senior VO at CBRE. Henry’s 15- year career as a broker includes negotiating lease, sublease, purchase and sale transactions totaling over $1 billion for clients such as Disney, Parsons, Dole and JP Morgan Chase.

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REAL ESTATE

Rizzieri Salon and Spa to PREIT’s Moorestown Mall

BY Michael Fickes

Philadelphia — Pennsylvania Real Estate Investment Trust is relocating the award-winning Rizzieri Salon and Spa to Moorestown Mall from its current location in Marlton, N.J. The spa will take over a newly designed 12,000-sq.-ft. space late next year.

The move is part of PREIT’s repositioning effort for the mall. In addition to Rizzieri, the effort has brought in artisan-owned restaurants, a premium movie theater and specialty stores unique to the mall environment.

“We believe that when its transformation is complete, Moorestown Mall will serve as a model for creating a truly differentiated suburban consumer experience,” said Joseph F. Coradino, CEO of PREIT.

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