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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 .95 Acre in Parkland, Florida.

WEST PALM BEACH, FL - November 25, 2002 - Reichel Realty is pleased to announce the sale of .95 Acre at the northwest corner of the intersection of Hillsboro Boulevard and State Road 7 (U.S. Highway 441) in the City of Parkland, Broward County, Florida. The property was purchased by SunTrust Bank for $650,000.

Edward A. Kearney, Broker/Associate successfully handled the transaction. Reichel Realty & Investments, Inc., represented the SunTrust Bank.

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