The Pulse: Lafayette

The Pulse LFT: Hotel investors purchase two hotels for 25.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1909 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Hospitality Price: $13,750,000 ($129,717 / Unit) Buyer: OM SHANTI OM TWELVE LLC Elifin's Notes: In one of two acquisitions this past week, Om Shanti Om LLC, a hotel investment group, purchases the Home2 Suites within the Parc Lafayette Center 201 Kaliste Saloom Rd,...

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The Pulse LFT: 36+ acres near Verot School Rd sell for 2.9mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Parcels 1, 2 E Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $2,952,000 ($1.85 / Land SF) Buyer: CAMELLIA VENTURE LLC Elifin's Notes: Camellia Venture LLC purchases two adjacent parcels, Parcel 1 (8+ acres) and Parcel 2 (28+ acres), of vacant land within a larger parcel where E Bluebird Dr...

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The Pulse LFT: Le Béni Grand event venue property sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 717 Duhon Rd, Lafayette, LA 70506 Type: Retail Price: $400,000 Buyer: H & H CAO INVESTMENT LLC Elifin's Notes: A former church, turned Le Béni Grand event venue, property changes hands near the intersection of Duhon Road and West Broussard Road 424 E Vermilion St, Lafayette, LA 70501 Type: Retail Price: $330,000 ($220.00...

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The Pulse LFT: Houston-based investor purchases land along Ambassador Caffery

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2822 Bonin Rd, Youngsville, LA 70592 Type: Land Price: $670,824 ($11.00 / Land SF) Buyer: AADM LLC Elifin's Notes: A local entity purchases a tract of land along Bonin Road in Youngsville 300 E Musique Rd, Lafayette, LA 70506 Type: Land Price: $400,000 ($0.76 / Land SF) Buyer: SABBAGHIAN DEVELOPMENT LLC Elifin's Notes: Local investor...

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The Pulse LFT: Land along Settlers Trace Boulevard sells for 2mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Lots 1, 3 Settlers Trace Blvd, Lafayette, LA 70508 Type: Land Price: $2,080,000 ($17.52 / Land SF) Buyer: SHOPS AT SETTLERS TRACE LLC THE Elifin's Notes: Lafayette-based development team purchases two tracts of land, 1.8+ and 0.8+ acres respectively, behind the Ambassador Crossing development and along Settlers Trace Boulevard. 2401 E...

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The Pulse LFT: SLEMCO purchases 4.3 acres

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2502 S College Rd, Lafayette, LA 70508 Type: Retail Price: $2,275,000 Buyer: 2502 S COLLEGE LLC Elifin's Notes: A Lake Charles-based entity purchases a newly constructed gas station/convenience store property at the corner of South College and Verot School Road 1029 Savoy Rd, Youngsville, LA 70592 Type: Land Price: $1,150,000 ($6.01 / Land...

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The Pulse LFT: Lafayette Health Club property on Kaliste Saloom Rd sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 114 Eunice St, Lafayette, LA 70508 Type: Retail Price: $1,400,000 ($109.29 / SF) Buyer: 114 EUNICE LLC Elifin's Notes: New Orleans-based investors purchase another Camp Bow-Wow property to add to their purchase of a New Orleans location last year 2905 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,000,000 ($83.44 / SF) Buyer:...

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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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