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About Us: Other Activities

The MacNaughton Group is also involved with various non-real estate business activities. In 1989, The MacNaughton Group invested in Pacific Video Entertainment Corp., the local Blockbuster Video franchise. Pacific Video sold its 18 Blockbuster Video stores to Viacom in March 1996. During The MacNaughton Group ownership, the Hawai'i franchises were some of the best performing stores in the chain.

 

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In 1996, The MacNaughton Group formed a joint venture partnership with Starbucks Coffee Company to develop and operate Starbucks retail locations in Hawaii. The partnership opened its first store on Oahu in December 1996. The MacNaughton Group also formed a joint venture to develop and own Starbucks retail locations in Puerto Rico and opened its first store there in September 2002. On January 23, 2006, The MacNaughton Group sold its interest in the Hawaii and Puerto Rico stores (including 52 Hawaii stores and 13 Puerto Rico stores) to Starbucks Coffee Company.

 

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In 1993, The MacNaughton Group invested in FileMinders, a records retention and storage company. FileMinders was sold in October 2001 and is still the largest comprehensive commercial records storage and service center in Hawaii.

 

 

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