The Pulse: Lafayette

The Pulse LFT: Newly constructed multifamily complex sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 508 E Main St, Broussard, LA 70518 Type: Multifamily Price: $1,222,500 ($152,813 / Unit) Buyer: DMCC HOLDINGS LLC Elifin's Notes: DMCC Holdings LLC acquires a newly constructed 8-unit, 2BR/2BA, townhome property in Broussard. 300 Rue Beauregard Rd (Unit I), Lafayette, LA 70508 Type: Office Price: $865,000 ($221.17 / SF) Buyer: STRONGHOLD GROUP LLC Elifin's Notes:...

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The Pulse LFT: Retail property sells for 24.99mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 201 Spring Farm Rd, Lafayette, LA 70508 Type: Retail Price: $24,993,103 ($1,125.16 / SF) Buyer: EPRT TENNESSEE PROPERTIES LLC Elifin's Notes: A Tennessee-based property trust purchases the Dave & Buster's retail property near Our Lady of Lourdes. 116 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $170,000 ($48.53 / SF) Buyer: PICARD, GAGE DALE Elifin's...

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The Pulse LFT: Two hotels sell in Lafayette

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1720 Kaliste Saloom Rd (Units B6, B7), Lafayette, LA 70508 Type: Office Price: $250,000 ($125.00 / SF) Buyer: LE CARRE PROPERTIES LLC Elifin's Notes: A pair of office units sell within the Le Carre Office Park. 2225 NW Evangeline Thwy, Lafayette, LA 70501 Type: Hospitality Price: Withheld Buyer: BAPU 8 OF LAFAYETTE LLC Elifin's Notes:...

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The Pulse LFT: Land on Johnston St sells for $19.60 PSF

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6300 Johnston St, Lafayette, LA 70503 Type: Land Price: $965,000 ($19.60 / Land SF) Buyer: 6321 JOHNSTON LLC Elifin's Notes: A 1.1+ acre parcel of land sells at the corner of Johnston Street and Bellevue Plantation Road. 350 E Farrel Rd, Lafayette, LA 70508 Type: Land Price: $643,000 ($10.25 / Land SF) Buyer: SOUTHERN...

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The Pulse LFT: Lafayette Parish School Board purchases land

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 106 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,850,000 ($154.17 / SF) Buyer: OIL PATCH REAL ESTATE HOLDINGS LLC Elifin's Notes: Oil Patch Real Estate Holdings acquires a newly constructed industrial property within the Garber Industrial Park in Broussard. 207 Fairlane Dr, Lafayette, LA 70507 Type: Industrial Price: $820,000 ($51.25 /...

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The Pulse LFT: Sage Specialty Hospital property sells for 7.9mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 204 Energy Pkwy, Lafayette, LA 70508 Type: Healthcare Price: $7,900,000 ($148.25 / SF) Buyer: W & F BUILDING MAINTENANCE CO Elifin's Notes: A healthcare property, occupied by Sage Specialty Hospital, sells near Feu Follet Road. 1223 Camellia Blvd, Lafayette, LA 70508 Type: Office Price: $1,300,000 ($309.52 / SF) Buyer: CORDOVA POIRIER REAL ESTATE LLC Elifin's...

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The Pulse LFT: Burgersmith-anchored retail center sells for 2.9mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 224 St Nazaire Rd, Broussard, LA 70518 Type: Retail Price: $2,900,000 ($263.64 / SF) Buyer: SAINT NAZ LLC Elifin's Notes: A retail strip center, anchored by Burgersmith, sells on Saint Nazaire Road in Broussard. 1606 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Retail Price: $1,890,000 ($1,011.78 / SF) Buyer: LEE VENABLE HOLDINGS LLC Elifin's Notes:...

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The Pulse LFT: Lamar Apartments sell near UL

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1407 General Mouton Ave, Lafayette, LA 70501 Type: Industrial Price: $675,000 ($73.83 / SF) Buyer: LAFAYETTE PROPERTY HOLDINGS LLC Elifin's Notes: Lafayette Property Holdings acquires an industrial property near University Avenue. 901 Lamar St, Lafayette, LA 70501 Type: Multifamily Price: $555,000 ($92,500 / Unit) Buyer: ACADIANA OUTREACH CENTER INC Elifin's Notes: Acadiana Outreach Center, Inc....

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The Pulse LFT: Warehouse property sells in Scott

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Machine Loop, Scott, LA 70583 Type: Industrial Price: $910,000 ($113.75 / SF) Buyer: MFTA INVESTMENTS LLC Elifin's Notes: An industrial warehouse property sells on Machine Loop in Scott. 547 N Pierce St, Lafayette, LA 70501 Type: Industrial Price: $150,000 ($30.59 / SF) Buyer: SQUARE BUSINESS AUTO FABRICATION LLC Elifin's Notes: Square Business Auto Fabrication,...

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The Pulse LFT: Large office building in Broussard changes hands

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3329 W Pinhook Rd, Lafayette, LA 70508 Type: Office Price: $1,662,500 ($55.42 / SF) Buyer: WHC LLC Elifin's Notes: A large, two-story office building in Broussard changes ownership. 5644, 5646 Cameron St, Scott, LA 70583 Type: Retail Price: $637,500 ($213.07 / SF) Buyer: ROVIN K INTERNATIONAL LLC Elifin's Notes: Rovin K International acquires a gas...

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