The March 17, 2025 issue covers two commercial sales recorded across Lafayette the previous week, totaling $25.2M in disclosed volume. The headline deal: EPRT TENNESSEE PROPERTIES LLC, a Tennessee-based property trust, paid $25M ($1,125.16/SF) for the Dave & Buster's retail property on Spring Farm Road near Our Lady of Lourdes. The week's only other sale was an industrial property on...
The March 10, 2025 issue covers three commercial sales recorded across Lafayette the previous week, totaling $250K in disclosed volume. The headline deal: LE CARRE PROPERTIES LLC paid $250K ($125.00/SF) for a pair of office units in the Le Carre Office Park on Kaliste Saloom Road. Hospitality made up the other two sales, both with prices withheld: the 78-room Fairfield...
The March 3, 2025 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $3.39M in disclosed volume. The headline deal: 6321 JOHNSTON LLC paid $965K ($19.60/Land SF) for more than 1.1 acres of land at the corner of Johnston Street and Bellevue Plantation Road. Industrial led the week with four of the eight sales, including an industrial...
Overall Dollar Volume is down 10.07% The trailing 12 month total dollar volume of sales was $267.5M at the end of Jan 2025 vs. $297.5M at the end of the prior month. Overall Deal Velocity is down 1.0% The trailing 12 month sale count was 298 at the end of Jan 2025 vs. 301 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/02/Market-Report-Lafayette-LA-January-2025.pdf" attachment_id="14192"...
The February 24, 2025 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $4.63M in disclosed volume. The headline deal: OIL PATCH REAL ESTATE HOLDINGS LLC paid $1.85M ($154.17/SF) for a newly constructed industrial property in the Garber Industrial Park in Broussard. Land led the week with four of the eight sales, including more than 3.8 acres...
The February 17, 2025 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $11M in disclosed volume. The headline deal: W & F BUILDING MAINTENANCE CO paid $7.9M ($148.25/SF) for the healthcare property occupied by Sage Specialty Hospital on Energy Parkway near Feu Follet Road. Office led the week with three of the seven sales, including a...
The February 10, 2025 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $6.81M in disclosed volume. The headline deal: SAINT NAZ LLC paid $2.9M ($263.64/SF) for a retail strip center anchored by Burgersmith on Saint Nazaire Road in Broussard. Retail led the week with four of the ten sales, including a newly constructed fast food restaurant...
The February 3, 2025 issue covers four commercial sales recorded across Lafayette the previous week, totaling $1.61M in disclosed volume. The headline deal: LAFAYETTE PROPERTY HOLDINGS LLC paid $675K ($73.83/SF) for an industrial property on General Mouton Avenue near University Avenue. Industrial accounted for two of the four sales, while Acadiana Outreach Center, Inc. acquired the Lamar Apartments, a six-unit...
The January 27, 2025 issue covers two commercial sales recorded across Lafayette the previous week, totaling $1.06M in disclosed volume. The headline deal: MFTA INVESTMENTS LLC paid $910K ($113.75/SF) for an industrial warehouse property on Machine Loop in Scott. Both sales were industrial, with Square Business Auto Fabrication, LLC acquiring an industrial property on North Pierce Street near the Evangeline...
The January 20, 2025 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $3.27M in disclosed volume. The headline deal: WHC LLC paid $1.66M ($55.42/SF) for a large, two-story office building on West Pinhook Road in Broussard. Office led the week with three of the seven sales, while Rovin K International acquired a gas station/convenience store on...
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