The Pulse: Lafayette

The Pulse LFT: City of Lafayette purchases 1.1-acre parcel

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Settlers Trace Blvd Type: Land Price: $1,650,000 ($16.76 / Land SF) Buyer: OAKS DEVELOPMENT LLC THE Elifin's Notes: A local group of investors purchase a 2.2+ acre parcel of vacant commercial land along Settlers Trace Boulevard near Steiner Road 5101 Decon Rd Type: Retail Price: $900,000 ($428.57 / SF) Buyer: BRUHATI 11 LLC Elifin's...

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The Pulse LFT: Lamm Food Service sells NW Evangeline Thwy property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3219 NW Evangeline Thruway Type: Industrial Price: $6,375,000 ($130.56 / SF) Buyer: FIP MASTER FUNDING XIX LLC Elifin's Notes: Lamm Food Service's property sells in North Lafayette 515 S College Rd Type: Office Price: $1,895,000 ($64.16 / SF) Buyer: FRANCISCAN PACE INC Elifin's Notes: A Baton Rouge-based doctor purchases the two-story office building at 515...

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The Pulse LFT: The Highlands at Grand Pointe purchased by Texas entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3601 Kaliste Saloom Road Type: Multifamily Price: $16,650,000 ($143,534 / Unit) Buyer: HIGHLANDS LAFAYETTE LLC THE Elifin's Notes: The Highlands at Grand Pointe, a 116-unit apartment complex along Kaliste Saloom, will see a new name and a new owner with its sale to a Texas-based firm 122 Youngsville Hwy Type: Industrial Price: $720,000...

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The Pulse LFT: American Legion Post 69 property sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4906 Ambassador Caffery Pkwy, Bldg I Type: Office Price: $1,621,200 Buyer: CORDOBA LEASING LLC Elifin's Notes: A condominium building within the Cordoba Medical Office Park sells to Cordoba Leasing LLC 2818 Bonin Rd Type: Office Price: $1,094,550 ($280.65 / SF) Buyer: SWAMP EAGLE REAL ESTATE LLC Elifin's Notes: An office sells between Bonin Road and...

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The Pulse LFT: Local developer purchases 55 acres in Broussard

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 500 Tolson Rd Type: Land Price: $2,647,175 ($1.09 / Land SF) Buyer: HAMILTON PARC SUBDIVISION LLC Elifin's Notes: Local developer purchases 55+ acres off of Verot School Road near Broussard 1799 Camellia Blvd Type: Land Price: $1,769,488 ($19.68 / Land SF) Buyer: HAMILTON PLANTATION CORPORATION Elifin's Notes: A 2+ acre parcel of land within an...

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The Pulse LFT: Gardens Office Park unit sells on S Hugh Wallis Rd

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1003 Hugh Wallis Rd S, Unit C Type: Office Price: $354,240 ($135.00 / SF) Buyer: HILLGREEN COMPANY LLC THE Elifin's Notes: An office condominium unit within the Gardens Office Park changes hands along Hugh Wallis Road South 301 Guidry Rd Type: Industrial Price: $190,000 ($39.58 / SF) Buyer: MONTANA LAFAYETTE LLC Elifin's Notes: An industrial...

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The Pulse LFT: City of Lafayette purchases two-story office building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4010 W Congress St Type: Office Price: $1,450,000 ($68.36 / SF) Buyer: LAF-CITY Elifin's Notes: The City of Lafayette purchases the two-story, 12-unit, office building near the corner of West Congress and Guilbeau Road 2751 W Willow St Type: Industrial Price: $450,000 ($60.00 / SF) Buyer: SOUTHERN ADVANCE PROCESS SOLUTIONS LLC Elifin's Notes: Carencro-based investors...

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The Pulse LFT: Pelican Pointe Shopping Center along Moss St sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Capitol Dr Type: Office Price: $2,960,000 ($46.74 / SF) Buyer: 110 CAPITAL M LLC Elifin's Notes: A pair of large office buildings sell near Feu Follet Road 2001 Moss St Type: Retail Price: $2,100,000 ($77.21 / SF) Buyer: OSH INVESTMENTS LLC Elifin's Notes: Area developer purchases the Pelican Pointe Shopping Center along Moss Street 3431...

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The Pulse LFT: Plantation Inn Motel on NE Evangeline sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1710 W Willow St Type: Industrial Price: $2,200,000 ($45.83 / SF) Buyer: 5H ACADIANA LLC Elifin's Notes: Local investor purchases an industrial property sitting on ±8 acres on West Willow near I-10 2810 NE Evangeline Thruway Type: Hospitality Price: $2,000,000 ($24,096 / Unit) Buyer: HOME EXPRESS INN LLC; FASTRACK PROPERTY INTL LLC Elifin's Notes: New...

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The Pulse LFT: The Grand Theatre on Kaliste Saloom sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 910 Harding St Type: Office Price: $1,350,000 ($182.56 / SF) Buyer: HOS PROPERTIES LLC Elifin's Notes: Local investor purchases an Oil Center office property sitting on 0.8+ acres 103 Broadmoor Blvd Type: Retail Price: $650,000 ($260.00 / SF) Buyer: VSQUARED HOLDINGS LLC Elifin's Notes: Veterinary Clinic property sells near the intersection of Johnston Street and...

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