Club Monaco (Polo Ralph Lauren)
Tenant: Club Monaco (Polo Ralph Lauren)
Investment Type: Net Leased Retail
Lease Term: 15 Year double Net
Location: South Beach, Miami, Florida
Club Monaco U.S., LLC is a wholly owned subsidiary of the lease guarantor
Polo Ralph Lauren Corporation (rated "BBB" by Standard & Poors). Polo Ralph Lauren
Corporation was established in 1967 as an independent men's wear company offering a
line of premium quality clothing and sportswear. In 1971, the first shop-within-a-shop
boutique opened along with the launch of women's wear products.
On June 17, 1997, an initial public offering of 98.504 million shares was completed.
Polo Ralph Lauren's principal activities are to design market and distribute lifestyle product collections.
Polo Ralph Lauren acquired Club Monaco in May 1999. As of December 28, 2002, Polo Ralph Lauren operated 251
stores consisting of 47 Polo Ralph Lauren stores, 58 Club Monaco stores, 94 full-line outlet stores, 22 Polo
Jeans Co. outlet stores, 21 European outlet stores and 9 Club Monaco outlet stores.
www.polo.com
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