The Pulse: Lafayette

The Pulse LFT: Office property overlooking Vermillion River sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 307 La Rue France, Lafayette, LA 70508 Type: Office Price: $590,000 ($181.93 / SF) Buyer: TORIAN PROPERTIES LLC Elifin's Notes: An office property, with a Vermillion River view, that can be split into separate suites sells. 106, 108 Hummingbird Lane, Lafayette, LA 70506 Type: Multifamily Price: $550,000 ($68,750 / Unit) Buyer: MCHONE PROPERTY MANAGEMENT...

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The Pulse LFT: Johnston Street property sells for 4.4mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5826 Johnston St, Lafayette, LA 70503 Type: Retail Price: $4,426,893 ($70.39 / SF) Buyer: PELICAN ENGINEERING LLC Elifin's Notes: An appliance showroom property changes ownership on Johnston Street. 108 S Jefferson St, Lafayette, LA 70501 Type: Multifamily Price: $1,119,000 ($124,333 / Unit) Buyer: J&H GROUP LLC Elifin's Notes: A 9-unit multifamily property changes hands in...

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The Pulse LFT: New Orleans developer acquires property for new Chipotle

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3220 Johnston St, Lafayette, LA 70503 Type: Retail Price: $800,000 ($111.79 / SF) Buyer: PERARD JOHNSTON LLC Elifin's Notes: A New Orleans-based developer, with plans to demolish the existing structure to make way for a new Chipotle location, purchases this retail property. 5001 Hwy 90 E, Broussard, LA 70518 Type: Industrial Price: $600,000...

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The Pulse LFT: Scott Oaks Plaza sold for 4.35mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5501 Cameron St, Scott, LA 70583 Type: Retail Price: $4,350,000 ($61.79 / SF) Buyer: PGP SCOTT OAKS LLC Elifin's Notes: A Tennessee-based company acquires Scott Oaks Plaza, a grocery-anchored shopping center. 4319 Verot School Rd, Youngsville, LA 70592 Type: Retail Price: $3,425,000 (- / SF) Buyer: 4319 VEROT LLC Elifin's Notes: A newly constructed convenience...

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The Pulse LFT: Youngsville Midtown Square sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 327 Iberia St, Youngsville, LA 70592 Type: Retail Price: $1,926,297 ($103.63 / SF) Buyer: IBERIA STREET HOLDINGS LLC Elifin's Notes: The Youngsville Midtown Square commercial center with multiple tenants changes ownership on Iberia Street. 108, 109 Guernsey Lane, Youngsville, LA 70592 Type: Industrial Price: $1,550,000 ($87.02 / SF) Buyer: STELKIN BASEBALL LLC Elifin's Notes: A...

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The Pulse LFT: Chateau Lafayette Apartments sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 100 Blk N Eola Rd, Broussard, LA 70518 Type: Land Price: $3,049,490 ($0.93 / Land SF) Buyer: EOLA PLACE DEVELOPMENT LLC Elifin's Notes: A 75+ acre parcel of land sells on North Eola Road in Broussard, east of U.S. 90. 124 Jomela Dr, Lafayette, LA 70503 Type: Multifamily Price: $2,000,000 ($33,333 / Unit) Buyer:...

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The Pulse LFT: Preschool in Youngsville sold

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 104 Barbados Dr, Youngsville, LA 70592 Type: Specialty Price: $5,400,000 ($496.10 / SF) Buyer: RED APPLE AT SUGAR MILL ELC LLC Elifin's Notes: A Florida-based company acquires a school property in Youngsville. 319 Mecca St, Lafayette, LA 70508 Type: Industrial Price: $360,000 ($72.17 / SF) Buyer: DONS EXTERMINATING CO LLC Elifin's Notes: An industrial property...

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The Pulse LFT: Apartment complex sold for 5.4mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1205 Garber Rd, Broussard, LA 70518 Type: Multifamily Price: $5,400,000 ($135,000 / Unit) Buyer: LEGACY AT OXFORD COURT LLC Elifin's Notes: A 40-unit multifamily property changes ownership on Garber Road. 406 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $2,050,000 ($143.96 / SF) Buyer: MONTOYA, OSCAR AUGUSTO Elifin's Notes: A California-based investor acquires an...

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The Pulse LFT: Acadian Ambulance acquires Boys & Girls Club building

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1013 S Hugh Wallis Rd, Lafayette, LA 70508 Type: Land Price: $575,000 ($4.00 / Land SF) Buyer: GSL HOMES LLC Elifin's Notes: This 3+ acre parcel of land, according to the plat map, is divided into 2 commercial and 8 residential lots. 417 W Main St, Broussard, LA 70518 Type: Retail Price: $430,000...

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The Pulse LFT: 101 acres sold in Broussard

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 400 Blk, 435 Bayou Tortue Rd; 200 Blk Lafferty Dr, Broussard, LA 70518 Type: Land Price: $2,050,000 ($0.46 / Land SF) Buyer: PLATINUM BUSINESS PROPERTY LLC Elifin's Notes: A set of three parcels of land totaling more than 101 acres sells off of Bayou Tortue Road. 617 Stewart St, Lafayette, LA...

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