The Pulse: Lafayette

The Pulse LFT: Catholic Charities of Acadiana purchases property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4710 Cameron St, Lafayette, LA 70506 Type: Office Price: $290,000 ($40.28 / SF) Buyer: GD PROPERTY HOLDINGS LLC Elifin's Notes: GD Property Holdings LLC acquires an office property with warehouse space on Cameron Street. 1414 S College Rd, Lafayette, LA 70503 Type: Retail Price: $235,000 ($123.68 / SF) Buyer: CATHOLIC CHARITIES OF ACADIANA INC Elifin's...

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The Pulse LFT: Newly-constructed middle school sold for 36.8 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 300 Acadian Hills Lane, Lafayette, LA 70507 Type: Specialty Price: $36,860,000 ($530.02 / SF) Buyer: FRIENDS OF LAFAYETTE CHARTER FOUNDATION INC Elifin's Notes: Friends of Lafayette Charter Foundation Inc. acquires the newly built two-story middle school adjacent to the Lafayette Renaissance Charter High School on the Northside of Lafayette. This...

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The Pulse LFT: Office building near UL sold for 1.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 120 Oil Center Dr, Lafayette, LA 70503 Type: Office Price: $1,500,000 ($161.29 / SF) Buyer: BIG BRAIN PROPERTY INVESTMENTS LLC Elifin's Notes: An office property sells at the corner of Oil Center Drive and Heymann Boulevard. 2715 Youngsville Hwy, Youngsville, LA 70592 Type: Retail Price: $853,750 ($149.96 / SF) Buyer: ACTS PROPERTIES YOUNGSVILLE LLC Elifin's...

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The Pulse LFT: Lourdes purchases office building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5000 Ambassador Caffery Pkwy (Bldg 1), Lafayette, LA 70508 Type: Office Price: $4,265,000 ($346.75 / SF) Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC Elifin's Notes: Lourdes purchases an office condo property across from their Hospital on Ambassador Caffery Parkway. 129 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $2,650,000 ($134.56 /...

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The Pulse LFT: Two gas stations sell on Rue De Belier

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 234 Duhon Rd, Lafayette, LA 70506 Type: Retail Price: $3,500,000 ($792.57 / SF) Buyer: SINGH55 LLC Elifin's Notes: A convenience store/gas station property changes ownership at the corner of Duhon Road and Rue De Belier. 485 Ridge Rd, Lafayette, LA 70506 Type: Retail Price: $2,050,000 ($716.03 / SF) Buyer: SINGH53 LLC Elifin's Notes: A convenience...

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The Pulse LFT: First Baptist Church acquires downtown parking lot

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 214 Cummings Rd, Broussard, LA 70518 Type: Industrial Price: $1,500,000 ($115.38 / SF) Buyer: 214 CUMMINGS HOLDINGS LLC Elifin's Notes: A newly constructed industrial property, not pictured, sells on Cummings Road in Broussard. 205 E Angus Dr, Youngsville, LA 70592 Type: Industrial Price: $554,000 ($86.56 / SF) Buyer: WJS YOUNGSVILLE LLC Elifin's Notes: WJS Youngsville...

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The Pulse LFT: Former Shade Tree Cafe property sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6413 Johnston St, Lafayette, LA 70503 Type: Retail Price: $875,000 ($15.35 / SF) Buyer: TROTTERS OF ALEXANDRIA INC Elifin's Notes: Trotters of Alexandria Inc acquires a two-story retail property with a variety of future uses on Johnston Street. 219 S Eola Rd, Broussard, LA 70518 Type: Retail Price: $530,000 ($201.60 / SF) Buyer: DREAMS...

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The Pulse LFT: Owner of Roul’s Hamburgers purchases land

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1300 Bertrand Dr, Lafayette, LA 70506 Type: Office Price: $700,000 ($32.21 / SF) Buyer: BE TRO LLC Elifin's Notes: Office property with redevelopment potential and sitting on ±3.4 acres, sold along Bertrand Dr. 5709 Johnston St, Lafayette, LA 70503 Type: Retail Price: $582,000 ($149.23 / SF) Buyer: SPARK BRIXTON LLC Elifin's Notes: Spark Brixton LLC,...

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The Pulse LFT: City of Lafayette purchases downtown building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 214 Jefferson St, Lafayette, LA 70501 Type: Office Price: $6,176,250 ($146.44 / SF) Buyer: LAF-CITY Elifin's Notes: The City of Lafayette purchases the historic office property at 214 Jefferson Street along with a pair of parking lots. 5732 Johnston St, Lafayette, LA 70503 Type: Retail Price: $2,092,000 ($670.51 / SF) Buyer: BOSCOBEL DG LLC Elifin's...

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The Pulse LFT: Bayou Wilderness RV Campground sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 600 N Wilderness Trail, Carencro, LA 70520 Type: Multifamily Price: $2,795,000 ($23,099 / Unit) Buyer: WOODSMOKE PROPERTIES, LLC Elifin's Notes: The Bayou Wilderness RV Campground sells in Carencro. 101 Mineral Rd, Broussard, LA 70518 Type: Retail Price: $1,090,084 ($117.40 / SF) Buyer: 405 REAL ESTATE LLC Elifin's Notes: A Dollar General retail property sells on...

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