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 7,000sf Lease for Dr. Charles Theofilos.

WEST PALM BEACH, FL - June 5, 2002 - Reichel Realty is pleased to announce the lease of 7,000sf of medical office space at The Professional Centre at the Gardens Mall in Palm Beach Gardens, Florida. The space was leased to Dr. Charles Theofilos of Atlantis, Florida. The lease has a (7) seven-year term and is valued at over $1,000,000.

Edward A. Kearney, Broker/Associate successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Tenant, Dr. Charles Theofilos.

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