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 2 Acre Parcel of Land in Port St. Lucie, Florida

WEST PALM BEACH, FL - March 31, 2003 - Reichel Realty is pleased to announce the sale a 2 Acre Parcel of Land and Improvements consisting of two freestanding buildings with a total of 8,750 sf and located at 7320-7330 U.S. Highway One, in Port St. Lucie, Florida. The property was formerly occupied by a Tire Kingdom store. Blasé Larocco of Cicero, New York purchased the property for $495,000.

Douglas L. DeSantis, Broker/Associate, successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Seller, Jill Curcio.

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