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 1,135sf Office Lease in West Palm Beach, Florida.

WEST PALM BEACH, FL - August 1, 2002 - Reichel Realty is pleased to announce the lease of 1,135 sf of office space at 3450 Northlake Boulevard, West Palm Beach, Florida. The space was leased to Ground Rules, Inc., of West Palm Beach, Florida. The lease has a (3) three-year term and is valued at $56,182.50.

Richard S. Kaufman, CCIM, Sr. Vice-President successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Landlord, Mathieu Roskinsky.

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