The Pulse: Lafayette

The Pulse LFT: City of Lafayette purchases Vermilion Conference Center

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 5110 Johnston St, Lafayette, LA 70503 Type: Industrial Price: $3,125,000 ($173.61 / SF) Buyer: DOUG ASHY BUILDING MATERIALS INC Elifin's Notes: Doug Ashy Building Materials acquires a pair of commercial buildings on over 11 acres of land near their primary complex on Johnston Street 326 Gauthier Rd, Lafayette, LA 70501 Type: Office Price:...

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The Pulse LFT: Mixed-use property along Camellia Blvd sells for 2.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1003 Camellia Blvd, Lafayette, LA 70508 Type: Mixed-Use Price: $2,475,000 ($253.12 / SF) Buyer: MD4 PROPERTIES LLC Elifin's Notes: A pair of Youngsville-based investors purchase a newly constructed commercial property with two office suites on the first floor and two residential 3BR/3BA units on the second floor 804 East Saint Mary...

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The Pulse LFT: Three Wendy’s locations sold last week

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3144 Ambassador Caffery Pkwy, Lafayette, LA 70506 Type: Retail Price: $2,272,549 ($766.98 / SF) Buyer: WENDYS PROPERTIES LLC Elifin's Notes: The Wendy's main office acquire one of their franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway 3510 West Pinhook Rd, Lafayette, LA 70508 Type: Retail Price: $2,045,071 ($681.69 / SF) Buyer:...

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The Pulse LFT: Development company buys land on Verot School Rd

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 2880 Verot School Rd, Lafayette, LA 70508 Type: Land Price: $3,000,000 ($3.36 / Land SF) Buyer: MONTROSE DEVELOPMENT COMPANY LLC Elifin's Notes: The Montrose Development Company purchases 20.5+ acres of vacant land at the corner of Vincent Road and Verot School Road 300 Heymann Blvd, 201 Travis St, Lafayette, LA 70503 Type:...

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The Pulse LFT: 23+ Acres sell to Baton Rouge-based entity

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Tract 5-B-2 Fortune Road, Youngsville, LA 70592 Type: Land Price: $1,025,000 ($1.01 / Land SF) Buyer: 9191 VENTURES LLC Elifin's Notes: A Baton Rouge-based entity purchases 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway 801 West University Avenue, Lafayette, LA 70506 Type: Retail Price: $412,000 ($43.35...

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The Pulse LFT: Charter school developer purchases 15.9+ acres

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Parcel 2B East Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $4,000,000 ($4.82 / Land SF) Buyer: DB CAMELLIA LAND LLC Elifin's Notes: DB Camellia Land LLC, a Baton Rouge-based entity, purchases 19.049 acres of vacant commercial land out of a larger land parcel at the terminus of East Bluebird...

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The Pulse LFT: Champagne Grocery & Deli property near Cajundome sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 115 Beau Pre Rd, Lafayette, LA 70508 Type: Industrial Price: $475,000 ($38.31 / SF) Buyer: SHREYANSH LLC Elifin's Notes: An industrial property changes hands along Beau Pre Road near West Pinhook Road 201 Andre St, Carencro, LA 70520 Type: Multifamily Price: $261,000 ($13,737 / Unit) Buyer: HOLY FAMILY PROPERTIES LLC Elifin's Notes: A pair of...

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The Pulse LFT: Dairy Queen property on Kaliste Saloom Rd sells

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 3300BLK NW Evangeline Thwy, Carencro, LA 70520 Type: Land Price: $827,000 ($3.52 / Land SF) Buyer: PRIMAX PROPERTIES LLC Elifin's Notes: Primax Properties, based in Charlotte, North Carolina, purchases 5+ acres of vacant commercial land along I-49 in Carencro 230 Cactus Rd, Duson, LA 70529 Type: Industrial Price: $305,000 ($76.25 / SF) Buyer: GC...

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The Pulse LFT: Hotel investors purchase two hotels for 25.5mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week 1909 Kaliste Saloom Rd, Lafayette, LA 70508 Type: Hospitality Price: $13,750,000 ($129,717 / Unit) Buyer: OM SHANTI OM TWELVE LLC Elifin's Notes: In one of two acquisitions this past week, Om Shanti Om LLC, a hotel investment group, purchases the Home2 Suites within the Parc Lafayette Center 201 Kaliste Saloom Rd,...

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The Pulse LFT: 36+ acres near Verot School Rd sell for 2.9mm

A weekly update on the commercial real estate landscape of Lafayette. Commercial Sales Recorded Last Week Parcels 1, 2 E Bluebird Dr, Lafayette, LA 70508 Type: Land Price: $2,952,000 ($1.85 / Land SF) Buyer: CAMELLIA VENTURE LLC Elifin's Notes: Camellia Venture LLC purchases two adjacent parcels, Parcel 1 (8+ acres) and Parcel 2 (28+ acres), of vacant land within a larger parcel where E Bluebird Dr...

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