Clayeux, A High-End Children’s Boutique Opens at Ram’s Midtown in Palm Beach Gardens, Fla.

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Clayeux, A High-End Children’s Boutique Opens at Ram’s Midtown in Palm Beach Gardens, Fla.
March 10, 2008
FOR IMMEDIATE RELEASE

Contact:
Marichelli Heredia or Heidi Armstrong
Thorp & Company
305.446.2700
mheredia@thorpco.com
harmstrong@thorpco.com

Palm Beach Gardens, Fla., March 10, 2008 – Ram, a leader in real estate development and acquisitions, today announced that Clayeux, a high-end European children’s boutique, has opened its first U.S. location at Midtown in Palm Beach Gardens, Fla.

Located on Main Street in Midtown, Clayeux offers French brand baby and children’s clothing from birth to 12 years old. The company, which has 200 boutiques worldwide, is best known for its exquisite knit outfits and colorful artistic designs.

“Midtown is the perfect venue for us because we were looking for a cozy and intimate shopping location that enabled shoppers to stroll along the sidewalks and visit all the retail stores and restaurants without the hassle of driving,” said Sylvain Thibault, the owner of Clayeux. “In addition, Palm Beach offers us the high-end clientele that we are looking for. We are very excited about opening our new store and making Midtown our new home.”

Midtown is a village-like, mixed-use community with all the convenience and style of urban living. The project consists of 225 luxury condominiums, 97,000 square feet of high-end retail, restaurant and office space, a 500-seat cultural center and a 300-seat banquet hall. It is located on PGA Boulevard between I-95 and the Florida Turnpike, offering easy access to the Palm Beach International Airport, downtown West Palm Beach and the beaches. Completion of the Residences at Midtown is expected to occur within the next few weeks.

Cammi Goldberg, commercial leasing manager with Ram, handled the transaction.
About Ram

Founded 30 years ago, Florida-based Ram pursues the acquisition, development, and redevelopment of commercial, multifamily and mixed-use real estate throughout the Southeast, with a focus on the major markets in Florida, Georgia and the Carolinas. Ram’s development pipeline now exceeds $750 million, to be funded through the recently launched Ram Realty Partners II. In addition to its development activity, Ram acquires existing assets and portfolios where it can add value. Ram has offices in Fort Lauderdale and Tampa, FL, Raleigh, NC, and Atlanta, GA, with its corporate office in Palm Beach Gardens, FL. For more information, visit www.ramrealestate.com.
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