The Pulse: Lafayette

The Pulse LFT: “The Point” property at the corner of Simcoe and Surrey sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 101 Oil Patch Road, Broussard, LA 70518 Type: Industrial Price: $1,520,000 ($126.67 / SF) Buyer: BAYCO HOLDINGS LLC Elifin's Notes: An under construction industrial building, which will have 2,746 sq ft of office space and 9,254 sq ft of warehouse space, sells within the Garber Industrial Park in Broussard 900 East...

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The Pulse LFT: First Baptist Church purchases building downtown

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 810 S Buchanan St, Lafayette, LA 70501 Type: Office Price: $2,697,500 ($174.03 / SF) Buyer: FIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE Elifin's Notes: The First Baptist Church of Lafayette Louisiana purchases the office building along with the 0.4+ acre parking lot at the corner of South Buchanan and...

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The Pulse LFT: Connoly Park strip center sells for 4.65mm in Carencro

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 107 Hector Connoly Rd, Carencro, LA 70520 Type: Retail Price: $4,650,000 ($181.64 / SF) Buyer: SAI SRK CREATIONS LLC Elifin's Notes: A multi-tenant retail strip center, Connoly Park, sells in Carencro 130 N Bernard Rd, Broussard, LA 70518 Type: Industrial Price: $1,295,331 ($80.96 / SF) Buyer: FNLR NON FRICTION LLC Elifin's Notes: FNLR Non Friction...

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The Pulse LFT: 21 Apartment units change hands near ULL Campus

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1318 Lee Ave, Lafayette, LA 70506 Type: Multifamily Price: $1,445,000 ($68,810 / Unit) Buyer: 1318 LEE HOLDINGS LLC Elifin's Notes: An entity purchases 21 of the 23 condominium units within the Lee Avenue Apartment Complex near campus 110 Armentor St, Lafayette, LA 70501 Type: Multifamily Price: $675,000 ($27,000 / Unit) Buyer: LT ENTERPRISES LLC Elifin's...

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The Pulse LFT: Land adjacent to Ascension Episcopal School sells for 2.8mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1803 Chemin Metairie Rd, Youngsville, LA 70592 Type: Land Price: $2,825,740 ($10.00 / Land SF) Buyer: GRACE JAMES PROPERTIES LLC Elifin's Notes: A pair of Sulphur-based investors purchase a 6.4+ acre parcel of land along Chemin Metairie Parkway adjacent to Ascension Episcopal School in Youngsville 5845 Highway 90 East 111 Southwood Dr,...

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The Pulse LFT: City of Lafayette purchases Vermilion Conference Center

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5110 Johnston St, Lafayette, LA 70503 Type: Industrial Price: $3,125,000 ($173.61 / SF) Buyer: DOUG ASHY BUILDING MATERIALS INC Elifin's Notes: Doug Ashy Building Materials acquires a pair of commercial buildings on over 11 acres of land near their primary complex on Johnston Street 326 Gauthier Rd, Lafayette, LA 70501 Type: Office Price:...

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The Pulse LFT: Mixed-use property along Camellia Blvd sells for 2.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1003 Camellia Blvd, Lafayette, LA 70508 Type: Mixed-Use Price: $2,475,000 ($253.12 / SF) Buyer: MD4 PROPERTIES LLC Elifin's Notes: A pair of Youngsville-based investors purchase a newly constructed commercial property with two office suites on the first floor and two residential 3BR/3BA units on the second floor 804 East Saint Mary...

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The Pulse LFT: Three Wendy’s locations sold last week

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3144 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $2,272,549 ($766.98 / SF) Buyer: WENDYS PROPERTIES LLC Elifin's Notes: The Wendy's main office acquire one of their franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway 3510 West Pinhook Rd, Lafayette, LA 70508 Type: Retail Price: $2,045,071 ($681.69 / SF) Buyer:...

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The Pulse LFT: Development company buys land on Verot School Rd

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2880 Verot School Rd, Lafayette, LA 70508 Type: Land Price: $3,000,000 ($3.36 / Land SF) Buyer: MONTROSE DEVELOPMENT COMPANY LLC Elifin's Notes: The Montrose Development Company purchases 20.5+ acres of vacant land at the corner of Vincent Road and Verot School Road 300 Heymann Blvd, 201 Travis St, Lafayette, LA 70503 Type:...

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The Pulse LFT: 23+ Acres sell to Baton Rouge-based entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Tract 5-B-2 Fortune Road, Youngsville, LA 70592 Type: Land Price: $1,025,000 ($1.01 / Land SF) Buyer: 9191 VENTURES LLC Elifin's Notes: A Baton Rouge-based entity purchases 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway 801 West University Avenue, Lafayette, LA 70506 Type: Retail Price: $412,000 ($43.35...

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