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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 Sale of Restaurant Site in Mangonia Park, Florida.

WEST PALM BEACH, FL - November 4, 2002 - Reichel Realty is pleased to announce the sale of a freestanding restaurant site located at 4705 Australian Avenue, Mangonia Park, Florida to Five Star Dream, Inc., a Florida Corporation. The property sold for $225,000.

Douglas L. DeSantis, Broker/Associate successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Seller, Crab House, Inc., a subsidiary of Landry's Restaurant, Inc., of Houston, Texas.

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