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Exclusive Investment Offering: Condominium Interest - Transwestern

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39<br />

Tenant Profiles<br />

Hollywood Video<br />

5,547 Sq. Ft.<br />

National Tenant<br />

From a single store in Portland, Oregon, Hollywood<br />

Entertainment has grown to become an industry leader<br />

with more than 2,000 Hollywood Video superstores<br />

and more than 600 Game Crazy specialty retail outlets<br />

nationwide. The first store opened in 1988 and in 1990,<br />

Hollywood revolutionized the home entertainment<br />

industry with the national rollout of 5-Day Rentals on<br />

everything in the store.<br />

In 2005, Hollywood Entertainment was acquired by<br />

Movie Gallery, Inc., creating a combined organization<br />

of more than 4,500 stores serving urban, suburban<br />

and rural markets. Under the terms of the Merger<br />

Agreement, Hollywood became a wholly owned<br />

subsidiary of Movie Gallery, however continues to<br />

operate under the Hollywood brand name. Hollywood<br />

Entertainment is still headquartered in Wilsonville,<br />

Oregon. Investor information for Movie Gallery can be<br />

found at www.moviegallery.com.<br />

In October, Movie Gallery, Inc. (which includes Hollywood<br />

Entertainment Company, MG Digital, LLC, MGA Realty<br />

et al) announced that it had filed voluntary petitions for<br />

relief under Chapter 11 of the U.S. Bankruptcy Code<br />

in order to re-align operations and restructure debt.<br />

They have entered into agreements with their various<br />

creditors, and are reportedly moving forward, business<br />

as usual. The tenant has neither affirmed nor rejected<br />

the subject lease. Hollywood Video is current on rent<br />

through November 1, 2007.<br />

Nails Boutique<br />

1,227 Sq. Ft.<br />

Local Retailer<br />

Impulsive<br />

1,362 Sq. Ft.<br />

Local Retailer<br />

Impulsive is a unique boutique featuring upscale hand<br />

crafted art and unique gifts. From the stained glass,<br />

pottery, hand carved wood, wall tiles, mirrors, masks,<br />

bronze sculptures, Red Hat Society Dolls, hand blown<br />

glass lamps & fountains, jewelry, furniture to sterling<br />

silver jewelry, each item is distinctive and original.<br />

Hoang’s Grill & Sushi Bar (Hoang’s, Inc.)<br />

3,357 Sq. Ft. (includes 106 Sq. Ft. of storage space)<br />

Local Retailer<br />

Featuring authentic Vietnamese, Thai and Japanese<br />

pan-Asian cuisine, Hoang’s Grill & Sushi Bar is new to<br />

Northern Virginia. The restaurant format created by<br />

Chef Hoang has previously enjoyed a history of success<br />

in Sanibel Island, Florida and Baltimore, Maryland. The<br />

restaurant has catering services for party trays, office<br />

luncheons, formal weddings, and corporate events as<br />

well. The restaurant was named the Best New Artful<br />

Asian Restaurant by Northern Virginia Magazine.<br />

Spectrum Sales Office<br />

3,090 Sq. Ft.<br />

Local Sales<br />

Waterford Development currently operates a sales<br />

office for its latest residential development, The<br />

Spectrum, directly adjacent to the The Broadway. The<br />

sales office features information on condominium<br />

models and exhibits the highest level of design and<br />

décor.<br />

Nails Boutique specializes in beauty services including<br />

manicures, pedicures, and waxing services.<br />

At left: Hollywood Video Storefront; Above: Nails Boutique Storefront; Far right: Spectrum Sales Office<br />

ASSET INVESTMENT SALES GROUP

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