The Pulse: Lafayette

The Pulse LFT: Clarion Pointe Hotel sells for 2.27mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1015 W Pinhook Rd, Lafayette, LA 70503 Type: Hospitality Price: $2,275,000 ($45,500 / Unit) Buyer: OM SHANTI OM ELEVEN LLC Elifin's Notes: Local hotel owners purchase the Clarion Pointe Hotel along West Pinhook near the Oil Center 8500BLK Cameron St, Duson, LA 70529 Type: Land Price: $1,018,300 ($0.12 / Land SF) Buyer: MORSAM PROPERTIES...

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The Pulse LFT: Lafayette Parish School Board purchases two properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 301 Rue Beauregard, Lafayette, LA 70508 Type: Office Price: $1,000,000 ($166.67 / SF) Buyer: LAFAYETTE PARISH SCHOOL BOARD THE Elifin's Notes: The Lafayette Parish School Board purchases a multi-suite office property near the intersection of East Kaliste Saloom Road and South College Road 307 Rue Beauregard, Lafayette, LA 70508 Type: Land Price: $585,000...

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The Pulse LFT: 26+ Acres along E Pont Des Mouton sell to local developer

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1243 E Pont Des Mouton Rd, Lafayette, LA 70507 Type: Land Price: $874,000 ($1.67 / Land SF) Buyer: CASTILLE REAL ESTATE CO LLC Elifin's Notes: Castille Real Estate Co LLC, as a portion of a larger act of assemblage, has purchased 12+ acres near the intersection of East Pont Des...

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The Pulse LFT: Parish Brewing Company purchases 1.4-acre parcel

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 914 W Pont Des Mouton Rd, Lafayette, LA 70507 Type: Industrial Price: $1,500,000 ($93.53 / SF) Buyer: 2KT ELITE PROPERTIES LLC Elifin's Notes: A local company acquires a two-building industrial property located West of I-49 along West Pont Des Mouton Road 2760 E Milton Ave, Youngsville, LA 70592 Type: Land Price: $800,000 ($11.48...

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The Pulse LFT: AMG office tower sells to Acadiana Management Group

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 101 La Rue France Type: Office Price: $2,200,000 ($48.94 / SF) Buyer: AMG TOWER LLC Elifin's Notes: Acadiana Management Group acquires the AMG office tower in which they are the primary tenant located near the corner of West Pinhook Road and La Rue France alongside the Vermilion River 301 E Bluebird...

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The Pulse LFT: Shopping center on W Willow St sells to Texas-based entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2784 NE Evangeline Thruway Type: Retail Price: $590,000 ($65.77 / SF) Buyer: HUKINS HOLDINGS LLC Elifin's Notes: The Good Shepherd RV retail property sells along I-49 409 Petite Rd Type: Multifamily Price: $400,000 ($9,302 / Unit) Buyer: TRAILS END TRAILER PARK LLC Elifin's Notes: The Trail's End Trailer Park in Maurice changes hands 2221 Verot School...

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The Pulse LFT: 3.77 Acres sell in the Primeaux Business Park of Carencro

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6209 Cameron St Type: Self Storage Price: $2,750,000 ($32,353 / Unit) Buyer: ACADIANA COASTAL HOLDINGS LLC Elifin's Notes: The Short's RV & Boat Storage property in Scott sells to a trio of local investors 100 Schambo Ln Type: Land Price: $400,000 ($2.44 / Land SF) Buyer: JHDTLC LLC Elifin's Notes: A Texas-based entity, made up...

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The Pulse LFT: Large industrial property sells for 2mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 401 Apollo Rd Type: Industrial Price: $2,000,000 ($24.54 / SF) Buyer: RANDOLPH MCCORMICK REALTY INC Elifin's Notes: An 81,000+ sq ft, industrial property sells along Apollo Road in Scott 700 E Milton Ave Type: Land Price: $525,000 ($1.16 / Land SF) Buyer: ALLIES DEVELOPMENT & CONSULTING LLC Elifin's Notes: A pair of local individuals purchase...

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The Pulse LFT: Celebrity Theatres in Broussard sold to local entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 104 Tas St Type: Industrial Price: $1,000,000 ($114.36 / SF) Buyer: PITRE REAL ESTATE LLC Elifin's Notes: An industrial property sells in Scott 969 Coolidge Blvd Type: Office Price: $675,000 ($110.66 / SF) Buyer: EMB INVESTMENTS LLC Elifin's Notes: A group of lawyers join together to purchase an office building previously occupied by the The...

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The Pulse LFT: The City of Broussard acquires energy service properties

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5801 Highway 90 E Type: Industrial Price: $5,300,000 Buyer: BROUSSARD CITY OF Elifin's Notes: The City of Broussard has acquired the properties previously owned and occupied by Superior Energy Services off of US 90 which include four buildings and a 3.8+ acre parcel of vacant land 201 S Bud St Type: Land Price:...

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