BUYER: Del Prado FEC LLC (principal: Patrick Ciniello), Bonita Springs
SELLER: Petra Preisinger as trustee of the Gerhard Preisinger Revocable Living Trust, Inge Preisinger and Tanya Preisinger
PROPERTY: 1899 Del Prado Blvd. S., Cape Coral
PRICE: $1.9 million
LAW FIRM ON DEED: Madden Law firm LLC, Fort Myers
PLANS, DESCRIPTION: The Bowland Centers group purchased the 28,288-square-foot Friendship Lanes property in Cape Coral, for $1.9 million.
The price equated to $67 per square foot.
Built in 1975, Friendship Lanes features 24 bowling lanes, a snack bar, full service lounge and meeting space. It also houses a boutique section called PINZ for private parties, group functions and fundraisers.
The former owners, the Preisinger family, have owned and operated Friendship Lanes since 1977.
“The owner of our company, Pat Ciniello, has know the owners there for over 30 years,” says Mike Cannington, Bowland Centers' marketing director. “We are really excited about the future of the place. We have some really cool plans, but nothing concrete right now. We are still in the conceptualization stage.”
Cannington says the new ownership will likely change the center's name, but no name had been decided yet.
The purchase entity Del Prado FEC LLC mortgaged the property to the Preisinger family for $1.45 million.
Bowland Centers of Southwest Florida operates bowling entertainment facilities in Collier, Lee and Charlotte counties. Its centers include Beacon Bowl and Woodside Lanes in Naples, Coral Lanes in Cape Coral, Bowland Lehigh in Lehigh Acres and Bowland Port Charlotte in Port Charlotte. The company also operates a full service restaurant and sports bar Nemo's Sports Cafe on Fort Myers Beach.