Florida Commercial Real Estate Brokers

FOR IMMEDIATE RELEASE

CONTACT:
Mary Beardsley
Executive Assistant
Reichel Realty & Investments, Inc.
8845 North Military Trail, Ste. 100
Palm Beach Gardens, Florida 33410
(561) 478-4440, Fax: (561) 478-4442
mbeardsley@reichelrealty.com
www.reichelrealty.com

Reichel Realty & Investments is pleased to announce the following lease transactions:

GREENACRES, FL – Jog Plaza – Jog Road and Lake Worth Road.
Reichel Realty exclusively handles the leasing and management of Jog Plaza.
Holdam Insurance expanded their space to 2,400 sf for 5 years valued at $75,000.
Symmetry Nursing leased 1,200 sf for 2 years valued at $40,000.
Pinch-A-Penny extended their lease for 3,100 sf for 5 years valued at $300,000.
Service Master leased 1,250 sf. The project is currently 100% leased.

WEST PALM BEACH, FL – Summit Commons – Military Trail and Summit Blvd.
Reichel Realty exclusively handles the leasing, management and rehab of Summit Commons
Lenny’s Subs leased 2,175 sf for 7 years valued at $500,000.
Exotic Sounds leased 1,625 sf for 3 years valued at $70,000.
Paradise Pets leased 1,950 sf for 5 years valued at $150,000.
Jerusalem Market renewed their lease for 5 years in 1,250 sf valued at $100,000.
Centro New Medico renewed and expanded their space to 2,625 sf for 5 years valued at $220,000.
Garcia-Mexican Restaurant leased 1,250 sf for 5 years valued at $100,000.
Anton Aesthetic School leased 1,375 sf for 3 years valued at $60,000.

RIVERA BEACH, FL – Haverhill Business Park – Haverhill Blvd. S of the Bee Line Highway. Reichel Realty exclusively handles the leasing in The Haverhill Business Park.
Sy’s Supplies leased 30,000 sf for 7 years valued at $2,000,000.
Orbit Racing leased 13,800 sf for 10 years valued at $1,500,000.
Classic Industries leased 3,000 sf for 1 year valued at $56,000.
Building is 100% leased. Three new buildings totaling 120,000 sf are planned for the Park with expected completion by year end 2006 and are available for lease. Vacant parcels are available within the park for build to suit to lease transactions.

WEST PALM BEACH, FL – Okeechobee Blvd. and Military Trail.
Enterprise Rent-A-Car entered into a ground lease for property at the N.E. quadrant of Okeechobee Blvd. and Military Trail in West Palm Beach for 10 years valued at $1,100,000. Reichel Realty exclusively handles the leasing and management at the project.
CBS Outdoor Entertainment entered into a 10 year lease for a Billboard on Property located at the intersection of Military Trail and Okeechobee Blvd. valued at $150,000.

WEST PALM BEACH, FL – Zip Code Place
Reichel Realty exclusively handles the leasing and management of the project
Unique Sensations renewed their lease at Zip Code Place in West Palm Beach for 1 year valued at $50,000.
ACG renewed and expanded their space at Zip Code Place to 7,400 sf for 5 years valued at $500,000.
Spearmint Rhino expanded their space at Zip Code another 4,500 sf and extended their lease 10 years valued at $675,000.

NORTH PALM BEACH, FL – Village Shoppes – US1 and Northlake Blvd.
Reichel Realty exclusively handles the leasing at the project.
Patio Gallery leased 8,500 sf for 5 years valued at $450,000.

JUPITER, FL – Admiral’s Office Center – Military Trail North of Frederick Small Road.
Reichel Realty exclusively handles the leasing at the project.
Stonegate Bank ground leased a 1 acre pad for 10 years valued at $1,300,000.

WEST PALM BEACH, FL – Concourse Plaza – Palm Beach Lakes Blvd.
Reichel Realty exclusively handles the leasing and management at the project.
Lenny’s Subs leased 1,600sf for 5 years valued at $175,000.

GREENACRES, FL – Pines Plaza – Jog Road
401 K Exchange Corp. leased 12,000 sf. Reichel Realty & Investments, Inc. exclusively represented the Tenant. The lease is valued at $1,000,000.

RIVIERA BEACH, FL
Gulfstream Goodwill Industries leased 11,300 sf valued at $720,000. This space is intended to be used as a charter school for Goodwill clients. Reichel Realty & Investments, Inc. represented the tenant which had leased Goodwill similar space in Boynton Beach which will also be used for a charter school.