08 May Six Building Office Property on Bertrand Sold for $3.15 Million

May 9, 2024 – Lafayette, LA – ELIFIN® is proud to announce the successful sale of 1304 Bertrand Drive in Lafayette, LA, for $3.15 million. Despite the complexities involved, the deal was successfully closed just 60 days after listing, with the property under contract within seven days. ELIFIN® representatives Brandon Abdella, Associate, and Fabian Edwards, Senior Associate, brokered the transaction, representing both parties.

“The sale of 1304 Bertrand Drive represents one of the largest office investment deals within the Lafayette MSA in recent years,” said Brandon Abdella. “We’re grateful and pleased that we were able to efficiently facilitate the sale. This transaction proves that despite the current environment regarding interest and insurance rates, buyers and sellers are motivated to get deals done.”

The property at 1304 Bertrand Drive is a 6-building office complex totaling ±50,660 sqft (±8,443 sqft per building) on a ±2.973-acre lot. It is strategically located just seven minutes from the University of Louisiana at Lafayette (ULL). The complex is currently 91% leased and provides a historically stable investment opportunity with on-site management and maintenance.

ELIFIN®, located at 606 Lee Ave in Downtown Lafayette, is a commercial real estate brokerage firm dedicated to helping businesses, investors, and our community flourish.

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For additional information, please contact Brandon Abdella at 337-257-7900.