The Pulse: Lafayette

The Shops at Martial retail center sells

The June 26, 2023 issue covers six commercial sales recorded across Lafayette the previous week, totaling $10.3M in disclosed volume. The headline deal: RBG NAVARRE HOLDINGS LLC, a Lake Charles-based entity led by an auto dealership owner, paid $7.4M ($257.84/SF) for The Shops at Martial retail center at the corner of East Martial Avenue and Kaliste Saloom Road. Retail led...

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Old Navy building at Acadiana Mall sold

The June 19, 2023 issue covers four commercial sales recorded across Lafayette the previous week, totaling $5.25M in disclosed volume. The headline deal: ASIAN GROCERY STORE CO paid $3M ($140.35/SF) for the Old Navy property on the Ambassador Caffery side of the Mall of Acadiana. Each of the four sales was a different property type, including a newly constructed industrial...

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City of Scott purchases 21 acres

The June 12, 2023 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $5.38M in disclosed volume. The headline deal: BONIN DEVELOPMENT LLC, a Lafayette-based entity, paid $1.94M ($3.67/Land SF) for a 12+ acre parcel on Bonin Road in Youngsville. Land led the week with four of the nine sales, as the City of Scott bought 21+...

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Former Royal Panda on W Pinhook Rd sells

The June 5, 2023 issue covers three commercial sales recorded across Lafayette the previous week, totaling $2.68M in disclosed volume. The headline deal: DOUBLE LIN REALTY LLC paid $1.2M ($185.47/SF) for the former Royal Panda restaurant property on West Pinhook Road near Verot School Road. Land led the week with two of the three sales, as OVERTON HOMES LLC paid...

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Multi-tenant retail building sold for 710k

The May 29, 2023 issue covers five commercial sales recorded across Lafayette the previous week, totaling $2M in disclosed volume. The headline deal: J&A COMMERCIAL HOLDINGS LLC paid $710K ($69.34/SF) for a multi-unit retail property at the corner of Kaliste Saloom Road and Kensington Drive. Retail led the week with two of the five sales, while FONTENOT WEALTH GROUP LLC...

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44 Unit Mobile Home Park in Carencro sells

The May 22, 2023 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $5.13M in disclosed volume. The headline deal: STANLEY MALAPART OAKS LLC paid $1.05M ($23,864/unit) for a 44-unit mobile home park on six acres along Malapart Road in South Carencro. Land led the week with four of the nine sales, including 1.11 acres near Ambassador...

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Gas station off I-10 in Scott sells for 3mm

The May 15, 2023 issue covers five commercial sales recorded across Lafayette the previous week, totaling $7.06M in disclosed volume. The headline deal: ZAREEN ENTERPRISE LLC, a group of local investors, paid $3.05M ($610.00/SF) for a gas station/convenience store right off the I-10 Ambassador Caffery exit in Scott. Retail and land each made up two of the five sales, while...

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Holiday Village Mobile Home Park sells

The May 8, 2023 issue covers twelve commercial sales recorded across Lafayette the previous week, totaling $7.58M in disclosed volume. The headline deal: LAFAYETTE MHP LLC, a New York-based entity, paid $2.5M ($48,076.92/unit) for the 52-unit Holiday Village Mobile Home Park on 10.894 acres on West Pinhook Road near Verot School Road. Land led the week with five of the...

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Renowned Jefferson Street Pub building sells for $2.6mm

The May 1, 2023 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $6.52M in disclosed volume. The headline deal: SEVEN OAKS GRAND COTEAU LLC, Arnaudville-based investors, paid $2.6M ($173.33/SF) for the downtown building on Jefferson Street housing the Jefferson Street Pub and five apartments, along with 0.356 acres of adjacent land used for parking. Land led...

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KADN Fox 15 studio on Eraste Landry sells

The April 24, 2023 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $6.12M in disclosed volume. The headline deal: GUILLORY OIL COMPANY INC, a Eunice-based company, paid $2.5M ($446.43/SF) for a combination McDonalds and gas station/convenience store near the Scott/Cankton exit off I-10. Land led the week with five of the nine sales, while a pair...

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