The Pulse: Lafayette

The Pulse LFT: Outparcel at Acadiana Mall sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Tracts 1, 2 Johnston St, Lafayette, LA 70503 Type: Land Price: $2,347,395 ($5.00 / Land SF) Buyer: AMERCO REAL ESTATE COMPANY Elifin's Notes: A real estate developer for the U-Haul System, purchases a 10+ acre outparcel to the Acadiana Mall. 1301 Renaud Dr, Scott, LA 70583 Type: Industrial Price: $1,450,000 ($51.79 / SF) Buyer:...

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The Pulse LFT: Former Acadian Hills Country Club clubhouse property sold

A weekly update on the commercial real estate landscape of Lafayette. The Lafayette market is witnessing a wave of land investment, headlined by the strategic sale of the former Acadian Hills Country Club Clubhouse at 500 Acadian Hills Lane. This acquisition facilitates the adaptive reuse of the existing site into a mental health and counseling facility. This momentum is further highlighted...

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The Pulse LFT: Car wash property sold for 4 million

A weekly update on the commercial real estate landscape of Lafayette. The Lafayette market is currently witnessing a surge in both transactional liquidity and capital investment, headlined by the $4,000,000 sale of the car wash at 3605 Johnston St and a massive $15.5M commercial permit for the Ochsner Lafayette General Neuroscience Center expansion at 401 Audubon Boulevard. This momentum is further...

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The Pulse LFT: OnPath Credit Union purchases land on Camellia

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 321 S Bernard Rd, Broussard, LA 70518 Type: Industrial Price: $2,800,000 ($116.67 / SF) Buyer: SOUTH BERNARD HOLDINGS LLC Elifin's Notes: A light industrial-manufacturing property sells South Bernard Road. Lot 3-A Camellia Blvd, Lafayette, LA 70508 Type: Land Price: $1,090,394 ($28.13 / Land SF) Buyer: ONPATH FEDERAL CREDIT UNION Elifin's Notes: An 0.8+ acre parcel...

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The Pulse LFT: North Carolina-based entity purchases land on Ambassador

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 8800 Blk W Congress St, Duson, LA 70529 Type: Land Price: $660,000 ($0.13 / Land SF) Buyer: GARBER BLUM HOLDINGS LLC Elifin's Notes: Garber Blum Holdings LLC purchases a 120 acre parcel of land in Duson. Tract B-2-A-6 Sita St, Broussard, LA 70518 Type: Land Price: $550,000 ($12.60 / Land SF) Buyer: RAJANE...

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The Pulse LFT: LCTCS purchases office building for 3.5 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 324, 330 Dulles Dr, Lafayette, LA 70506 Type: Office Price: $3,592,200 ($132.17 / SF) Buyer: LOUISIANA COMMUNITY & TECHNICAL COLLEGE SYSTEM Elifin's Notes: Louisiana Community & Technical College purchases an office property along with a parcel of land on Dulles Drive. 402 Machine Loop, Scott, LA 70583 Type: Industrial Price: $570,000 ($67.38 /...

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The Pulse LFT: Catholic Charities of Acadiana purchases property

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 4710 Cameron St, Lafayette, LA 70506 Type: Office Price: $290,000 ($40.28 / SF) Buyer: GD PROPERTY HOLDINGS LLC Elifin's Notes: GD Property Holdings LLC acquires an office property with warehouse space on Cameron Street. 1414 S College Rd, Lafayette, LA 70503 Type: Retail Price: $235,000 ($123.68 / SF) Buyer: CATHOLIC CHARITIES OF ACADIANA INC Elifin's...

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The Pulse LFT: Newly-constructed middle school sold for 36.8 million

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 300 Acadian Hills Lane, Lafayette, LA 70507 Type: Specialty Price: $36,860,000 ($530.02 / SF) Buyer: FRIENDS OF LAFAYETTE CHARTER FOUNDATION INC Elifin's Notes: Friends of Lafayette Charter Foundation Inc. acquires the newly built two-story middle school adjacent to the Lafayette Renaissance Charter High School on the Northside of Lafayette. This...

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The Pulse LFT: Office building near UL sold for 1.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 120 Oil Center Dr, Lafayette, LA 70503 Type: Office Price: $1,500,000 ($161.29 / SF) Buyer: BIG BRAIN PROPERTY INVESTMENTS LLC Elifin's Notes: An office property sells at the corner of Oil Center Drive and Heymann Boulevard. 2715 Youngsville Hwy, Youngsville, LA 70592 Type: Retail Price: $853,750 ($149.96 / SF) Buyer: ACTS PROPERTIES YOUNGSVILLE LLC Elifin's...

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The Pulse LFT: Lourdes purchases office building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5000 Ambassador Caffery Pkwy (Bldg 1), Lafayette, LA 70508 Type: Office Price: $4,265,000 ($346.75 / SF) Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC Elifin's Notes: Lourdes purchases an office condo property across from their Hospital on Ambassador Caffery Parkway. 129 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $2,650,000 ($134.56 /...

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