The Pulse: Lafayette

Former KFC property sells on Ambassador Caffery

The June 10, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $2.23M in disclosed volume. The headline deal: 3328 AMBASSADOR CAFFERY LLC paid $1.15M ($547.62/SF) for the KFC fast food property on Ambassador Caffery Parkway near Johnston Street. Retail led the week with three of the five sales, including a retail store next to Hub...

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Pathway Church purchases their Southcity Pkwy location

The June 3, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $4M in disclosed volume. The headline deal: PATHWAY CHURCH INC paid $1.83M ($146.46/SF) for the property it occupies on Southcity Parkway. Multifamily led the week with two of the five sales, an 18-unit property in Scott bought by CASTLE ROW LLC for $1.09M and...

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Lafayette Parish purchases 6-acre parcel

The May 27, 2024 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $1.95M in disclosed volume. The headline deal: VALE REAL ESTATE INVESTMENTS LLC paid $630K ($58.70/SF) for a multi-tenant office building in the Oil Center at the corner of Coolidge Street and East Saint Mary Boulevard. Office led the week with three of the seven...

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Maple Leaf Apartments sold to local investors

The May 20, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.25M in disclosed volume. The headline deal: MAPLE LEAF LIVING LLC, a pair of local investors, paid $805K ($67,117/unit) for the 12-unit Maple Leaf Apartments on Eraste Landry Road. Land led the week with two of the three sales, as a pair of parcels...

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Class A office property sells for 8.2mm

The May 13, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $13M in disclosed volume. The headline deal: 425 SETTLERS LLC paid $8.2M ($266.49/SF) for a two-story Class A medical office building on Settlers Trace Boulevard. Office led the week with two of the five sales, the other a six-building office complex on Bertrand Drive...

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75-Unit Acadiana Mini-Storage Facility sells

The May 6, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $1.09M in disclosed volume. The headline deal: CARENCRO RENTALS LLC, a local entity, paid $310K ($0.59/Land SF) for 11+ acres of vacant land on Gatehouse Drive near I-49 in Carencro. Industrial led the week with two of the five sales, while the 75-unit Acadiana...

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

The April 29, 2024 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $5.2M in disclosed volume. The headline deal: BAYCO HOLDINGS LLC paid $1.52M ($126.67/SF) for an industrial building under construction, with 2,746 SF of office and 9,254 SF of warehouse space, in the Garber Industrial Park in Broussard. Industrial led the week with three of...

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First Baptist Church purchases building downtown

The April 22, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $3.54M in disclosed volume. The headline deal: FIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE paid $2.7M ($174.03/SF) for an office building and 0.4+ acre parking lot at the corner of South Buchanan Street and West Main Street. Office led the week with two...

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Connoly Park strip center sells for 4.65mm in Carencro

The April 15, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $8.1M in disclosed volume. The headline deal: SAI SRK CREATIONS LLC paid $4.65M ($181.64/SF) for Connoly Park, a multi-tenant retail strip center on Hector Connoly Road in Carencro. Retail led the week with three of the five sales, including a bank branch in Broussard...

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21 Apartment units change hands near ULL Campus

The April 8, 2024 issue covers four commercial sales recorded across Lafayette the previous week, totaling $2.3M in disclosed volume. The headline deal: 1318 LEE HOLDINGS LLC paid $1.45M ($68,810/unit) for 21 of the 23 condominium units in the Lee Avenue Apartment Complex near campus. Multifamily led the week with two of the four sales, the other a mobile home...

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