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 3,182sf Lease at TJ Maxx Plaza, West Palm Beach, Florida.

WEST PALM BEACH, FL - July 1, 2002 - Reichel Realty is pleased to announce the lease of 3,182sf of retail space located at the TJ Maxx Plaza located on Forest Hill Boulevard in West Palm Beach, Center, Florida. The space was leased to TBE Group, Inc., of West Palm Beach, Florida for the purpose of operating an engineering office. The lease has a (5) 5-year term and is valued at $159,100.

Richard S. Kaufman, CCIM, Sr. Vice-President successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Landlord, Gruber Plaza, L.C.

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