FOR IMMEDIATE RELEASE

CONTACT:
Sheryl L. Cautero
Office Administrator
Reichel Realty & Investments, Inc.
4524 Gun Club Road, Suite 212
West Palm Beach, Florida 33415
(561) 478-4440, Fax (561) 478-4442
scautero@reichelrealty.com
www.reichelrealty.com

Reichel Realty successfully completes 1,157sf Lease for 2121 10th Avenue Plaza, Lake Worth, Florida.

WEST PALM BEACH, FL - May 23, 2002 - Reichel Realty is pleased to announce the lease of 1,157 sf of restaurant space at 2121 10th Avenue Plaza located at 2121 10th Avenue in Lake Worth, Florida to Arnold & Gilka Ogleari. The space will be used for a new Italian Sub Shop. The total value of the 3-year lease is $42,598.54.

Christopher F. Fleming, Sr. Broker/Associate successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Landlord, AEP Lake Worth, Inc., of Fort Lauderdale, Florida.

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