Lake Worth bowling alley sells for $5M

PJM Management has purchased the 60,000-square-foot Lake Worth building that previously operated as Carter Lanes Bowling Center. PJM purchased the building, located at 6591 South Military Trail, for $5 million, or $83.33 per square foot. CB Richard Ellis represented the seller, Schumacker/Carter, who bought it in 1996 for $22,500, according to public records. TRD