The Pulse: Lafayette

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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Former Riverside Church property sold

The April 17, 2023 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $7.07M in disclosed volume. The headline deal: SOUTHCITY PROPERTIES LLC, a group of local developers, paid $1.8M ($144.23/SF) for land including the 12,480 SF building formerly occupied by the Riverside Church of Christ on Southcity Parkway. Land led the week with three of the...

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Medical center adjacent to ULL sold

The April 10, 2023 issue covers five commercial sales recorded across Lafayette the previous week, totaling $1.7M in disclosed volume. The headline deal: FOURPARK RENTALS LLC paid $600K ($115/SF) for a day care center on Four Park Road in Carencro. Retail led the week with two of the five sales, while an entity led by a local doctor paid $425K...

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Commercial real estate sales from last week

The April 3, 2023 issue covers fifteen commercial sales recorded across Lafayette the previous week, totaling $19.3M in disclosed volume. The headline deal: STANLEY LAFAYETTE OAKS LLC, a local investment group, paid $3.8M ($34,862/unit) for the Oak Park Estates mobile home park on Eraste Landry Road. Land led the week with four of the fifteen sales, including a 1.77 acre...

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