Michael Fimiani Of Fimiani Holdings Acquires Retail Asset In Boca Raton For $15M

The property asset involved in this transaction is a 62,146-square-foot retail building located at 21046 Commercial Trail in Boca Raton. The building, which houses the Lucky Strike bowling alley, was sold for $15 million, translating to a price per square foot of $241. This structure, built in 1981, occupies a 4.2-acre lot and was leased by Bowlero in 2020 before being rebranded as Lucky Strike in mid-2025.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $15,000,000
• Square Footage: 62,146
• Address: 21046 Commercial Trail
• Market: Boca Raton
• Buyer: Michael Fimiani - Fimiani Holdings
• Seller: Bob Brown - Cypress Real Estate Advisors
• Price Per Square Foot: $241

The individuals involved in this transaction are Michael Fimiani, representing Fimiani Holdings as the buyer, and Bob Brown from Cypress Real Estate Advisors as the seller. The buyer's company, Commercial Trail Properties LLC, is managed by Michael Fimiani.