The Pulse: Lafayette

The Pulse LFT: A trio of land sales

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Lot 6 Young St, Youngsville, LA 70592 Type: Land Price: $289,000 ($3.11 / Land SF) Buyer: SINGH HOLDINGS LLC Elifin's Notes: Singh Holdings LLC acquires a 2.1+ acre parcel of vacant land on Young Street. 1629 Gendarme Rd, Carencro, LA 70520 Type: Land Price: $275,000 ($0.19 / Land SF) Buyer: TARPLEY LLC Elifin's Notes: A...

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The Pulse LFT: Eddie’s Barbershop LLC purchases building on W Pinhook

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2121 Dulles Dr, Lafayette, LA 70506 Type: Industrial Price: $523,000 ($184.09 / SF) Buyer: SOUTHERN MAGNOLIA REAL ESTATE LLC Elifin's Notes: Southern Magnolia Real Estate LLC acquires an industrial property on 1.7+ acres of land fronting on Dulles Drive. 206, 208 Dairy Lane, Broussard, LA 70518 Type: Land Price: $500,000 ($1.98 / Land...

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The Pulse LFT: Two medical condos sold in Lafayette Surgical Specialty Hospital

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1103 Kaliste Saloom Rd (Unit 102, 106), Lafayette, LA 70508 Type: Office Price: $1,556,879 ($220.99 / SF) Buyer: J & L CORNER OFFICES TWO LLC Elifin's Notes: A local entity purchases a pair of medical office condo units within the Lafayette Surgical Specialty Hospital. 116 Eunice St, Lafayette, LA 70508 Type: Industrial Price:...

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The Pulse LFT: 191-Unit apartment complex sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 110 Matrix Loop, Lafayette, LA 70507 Type: Industrial Price: $1,525,000 ($84.72 / SF) Buyer: LAFAYETTE PROPERTY PARTNERS LLC Elifin's Notes: Lafayette Property Partners, a Florida limited liability company, acquires an industrial warehouse property on Matrix Loop near Carencro. 208, 220 Heymann Blvd, Lafayette, LA 70503 Type: Office Price: $1,316,000 ($116.84 / SF) Buyer: 210...

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The Pulse LFT: Southpark Center sells for 1.8mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 209 Southpark Rd, Lafayette, LA 70508 Type: Mixed-Use Price: $1,805,000 ($69.42 / SF) Buyer: CASTLE ROW LLC Elifin's Notes: Castle Row LLC acquires Southpark Center, a mixed-use property on Southpark Road. 155, 201 High Meadows Blvd, Lafayette, LA 70507 Type: Multifamily Price: $456,000 ($38,000 / Unit) Buyer: DBC BAYOU RENTALS LLC Elifin's Notes: DBC Bayou...

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The Pulse LFT: Newly constructed multifamily complex sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 508 E Main St, Broussard, LA 70518 Type: Multifamily Price: $1,222,500 ($152,813 / Unit) Buyer: DMCC HOLDINGS LLC Elifin's Notes: DMCC Holdings LLC acquires a newly constructed 8-unit, 2BR/2BA, townhome property in Broussard. 300 Rue Beauregard Rd (Unit I), Lafayette, LA 70508 Type: Office Price: $865,000 ($221.17 / SF) Buyer: STRONGHOLD GROUP LLC Elifin's Notes:...

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The Pulse LFT: Retail property sells for 24.99mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 201 Spring Farm Rd, Lafayette, LA 70508 Type: Retail Price: $24,993,103 ($1,125.16 / SF) Buyer: EPRT TENNESSEE PROPERTIES LLC Elifin's Notes: A Tennessee-based property trust purchases the Dave & Buster's retail property near Our Lady of Lourdes. 116 Banks Ave, Lafayette, LA 70506 Type: Industrial Price: $170,000 ($48.53 / SF) Buyer: PICARD, GAGE DALE Elifin's...

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The Pulse LFT: Two hotels sell in Lafayette

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1720 Kaliste Saloom Rd (Units B6, B7), Lafayette, LA 70508 Type: Office Price: $250,000 ($125.00 / SF) Buyer: LE CARRE PROPERTIES LLC Elifin's Notes: A pair of office units sell within the Le Carre Office Park. 2225 NW Evangeline Thwy, Lafayette, LA 70501 Type: Hospitality Price: Withheld Buyer: BAPU 8 OF LAFAYETTE LLC Elifin's Notes:...

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The Pulse LFT: Land on Johnston St sells for $19.60 PSF

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 6300 Johnston St, Lafayette, LA 70503 Type: Land Price: $965,000 ($19.60 / Land SF) Buyer: 6321 JOHNSTON LLC Elifin's Notes: A 1.1+ acre parcel of land sells at the corner of Johnston Street and Bellevue Plantation Road. 350 E Farrel Rd, Lafayette, LA 70508 Type: Land Price: $643,000 ($10.25 / Land SF) Buyer: SOUTHERN...

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The Pulse LFT: Lafayette Parish School Board purchases land

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 106 Oil Patch Rd, Broussard, LA 70518 Type: Industrial Price: $1,850,000 ($154.17 / SF) Buyer: OIL PATCH REAL ESTATE HOLDINGS LLC Elifin's Notes: Oil Patch Real Estate Holdings acquires a newly constructed industrial property within the Garber Industrial Park in Broussard. 207 Fairlane Dr, Lafayette, LA 70507 Type: Industrial Price: $820,000 ($51.25 /...

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