The Pulse: Lafayette

The Pulse LFT: Local entity purchases 3 fast food restaurant properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1602 N University Ave; 4154 W Congress St, Lafayette, LA 70506 Type: Retail Price: $2,102,965 ($560.64 / SF) Buyer: RAJANE LLC Elifin's Notes: This sale includes two of the three fast food locations purchased by a local entity this past week. 400 E Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $1,595,587 ($3.86...

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The Pulse LFT: City of Lafayette purchases 18+ acres near Debaillon Park

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3735 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $2,000,000 ($44.53 / SF) Buyer: 3735 90 LLC Elifin's Notes: An industrial property with multiple buildings sells along Highway 90 in Broussard. 100BLK Chappuis Dr, Lafayette, LA 70501 Type: Land Price: $1,050,000 ($3.47 / Land SF) Buyer: ARBOURS AT ACADIANA LLC Elifin's Notes: The Arbours...

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The Pulse LFT: Land sold for Arbours at Lafayette apartments expansion

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 7616, 7620 Johnston St, Maurice, LA 70503 Type: Industrial Price: $3,600,000 ($107.46 / SF) Buyer: RIGID REAL ESTATE HOLDINGS LLC Elifin's Notes: Ridge Real Estate Holdings acquires an industrial property with multiple buildings on 8+ acres near Maurice. 3420 NE Evangeline Thwy, Lafayette, LA 70507 Type: Land Price: $2,000,000 ($2.87 / Land SF) Buyer:...

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The Pulse LFT: UL Board of Supervisors purchases former restaurant property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1933 Youngsville Hwy, Youngsville, LA 70592 Type: Industrial Price: $1,875,000 ($70.45 / SF) Buyer: HIGH END AUTOMOTIVE LLC Elifin's Notes: High-End Automotive purchases their location along the Youngsville Highway. 1540 Johnston St, Lafayette, LA 70503 Type: Retail Price: $510,000 ($195.63 / SF) Buyer: LA-STATE BOARD OF SUPERVISORS FOR THE UNIVERSITY OF LOUISIANA SYSTEM Elifin's Notes:...

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The Pulse LFT: Youngsville industrial property sells for 3.98mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 512 Viaulet Rd, Youngsville, LA 70592 Type: Industrial Price: $3,977,125 ($235.79 / SF) Buyer: TRW HOLDINGS LLC Elifin's Notes: An industrial building with both office and warehouse space sells in Youngsville. 102, 104 Patriot Ave, Lafayette, LA 70508 Type: Land Price: $1,943,000 ($10.33 / Land SF) Buyer: LAFAYETTE REHAB PROPERTY LLC Elifin's Notes: A group...

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The Pulse LFT: Chateaus development purchased by Chicago-based company

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 727 Malapart Rd, Lafayette, LA 70507 Type: Multifamily Price: $23,435,000 ($209,241 / Unit) Buyer: SFR KL MS BORROWER I LLC Elifin's Notes: Kairos Living, a Chicago-based property management company, purchases The Chateaus, a single family rental home development in Scott. 2010 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $2,595,972 ($408.81 /...

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The Pulse LFT: Local developer purchases 17 acres along Ridge Road

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 BLK Ridge Rd, Lafayette, LA 70506 Type: Land Price: $1,000,350 ($1.31 / Land SF) Buyer: BELLE VIEW SUBDIVISION PHASE 4 LLC Elifin's Notes: Local developer purchases 17+ acres of vacant land along Ridge Road. 1702 E Simcoe St, Lafayette, LA 70501 Type: Retail Price: $440,000 ($200.00 / SF) Buyer: CAJUN GETAWAY VILLAGE LLC...

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The Pulse LFT: Local non-profit SMILE purchases office building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 220 Hector Connoly Rd, Carencro, LA 70520 Type: Industrial Price: $2,926,000 ($47.41 / SF) Buyer: FNLR COMPOUNDS MATTER LLC Elifin's Notes: A national real estate investment trust purchases an industrial property in Carencro. 104 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,375,000 ($114.58 / SF) Buyer: T&D PROPERTY CONSULTING LLC Elifin's Notes: A...

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The Pulse LFT: Law firm purchases office along Camellia for 2mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1031 Camellia Blvd, Lafayette, LA 70508 Type: Office Price: $2,000,000 ($361.47 / SF) Buyer: W&H UNLIMITED LLC Elifin's Notes: Local injury law firm purchases an office property along Camellia Boulevard in the River Ranch area. 2303 Johnston St, Lafayette, LA 70503 Type: Retail Price: $564,420 ($265.11 / SF) Buyer: MURPHREE, GLENN CHARLES Elifin's Notes: The...

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The Pulse LFT: Rachel’s Cafe owner purchases their Republic Ave location

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 105 Chapel Dr, Lafayette, LA 70506 Type: Office Price: $850,000 ($121.26 / SF) Buyer: FORKED ISLAND INVESTMENTS LLC Elifin's Notes: An office property sells near Ambassador Caffery Parkway on Chapel Drive. 104 Republic Ave (Units 3, 4), Lafayette, LA 70508 Type: Retail Price: $250,000 ($92.59 / SF) Buyer: RACHAELS HOLDINGS LLC Elifin's Notes: The owner...

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