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 8,000 sf Retail Strip in Lake Worth, Florida

WEST PALM BEACH, FL - July 1, 2003 - Reichel Realty is pleased to announce the sale of an 8,000 sf retail strip located at 226-230 N. Dixie Highway, Downtown Lake Worth, Florida. J.L.S. of Florida City, Inc., has purchased the retail strip center for $712,000.

Christopher F. Fleming, Sr. Broker/Associate successfully handled the transaction. Reichel Realty & Investments, Inc., exclusively represented the Seller, Melissa Delson.

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