Hollywood Video outsources real estate dept.

Published Monday, July 15, 2002

The world’s second largest video chain is getting bigger and it has hired Des Plains, Ill.-based Northwest Atlantic Group (NWAG) to manage the expansion. Portland, Ore.-based Hollywood Entertainment Corp., owner and operator of more than 1,800 Hollywood Video stores in 48 states, recently awarded NWAG a contract to coordinate all the chain’s new U.S. store development activities. The exclusive contract includes securing leases and sites for between 40 and 60 new 6,000-sq.-ft. locations in 2002 and more than 100 new locations in 2003. Through this outsourcing relationship, NWAG will serve as Hollywood’s real estate department. NWAG will coordinate ...

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