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 1,968sf Lease of Office Space in West Palm Beach, Florida.

WEST PALM BEACH, FL - July 10, 2002 - Reichel Realty is pleased to announce the lease of 1,968sf of office space at 4698 Forest Hill Boulevard, West Palm Beach, Florida to Eternity Cosmetology School. The total value of the 5-year lease is $78,720.00.

Richard S. Kaufman, CCIM, Sr. Vice President successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Landlord, First SDK Development, LC.

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