REICHEL REALTY COMPLETES TWO RETAIL SALES

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GREENVILLE, S.C. AND JENSEN BEACH, FLA. — Palm Beach Gardens, Fla.-based Reichel Realty & Investments has completed two retail transactions totaling more than $2.5 million. The firm represented the seller, Southport Mortgage, in the sale of Howell Ridge Shopping Center in Greenville for $2 million. The 20,000-square-foot retail center includes four outparcels and tenants including McDonald’s. Reichel Realty & Investments also closed on the sale of a freestanding former Wendy’s restaurant location in Jensen Beach, with the firm representing the seller, Square Treasure Foods Inc. Located on US Highway 1, the property sold for $545,000.

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