The Pulse: Lafayette

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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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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