The January 13, 2025 issue covers five commercial sales recorded across Lafayette the previous week, totaling $3.75M in disclosed volume. The headline deal: CRRE INVESTMENTS LLC paid $1.6M ($477.26/SF) for the retail property at the corner of South Bernard Road and West Fairfield, next to the Sabal neighborhood developments in Broussard. Retail accounted for two of the five sales, while...
Overall Dollar Volume is down 6.73% The trailing 12 month total dollar volume of sales was $297.5M at the end of Dec 2024 vs. $318.9M at the end of the prior month. Overall Deal Velocity is down 1.95% The trailing 12 month sale count was 301 at the end of Dec 2024 vs. 307 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2025/01/Market-Report-Lafayette-LA-December-2024.pdf" attachment_id="13800"...
The January 6, 2025 issue covers five commercial sales recorded across Lafayette the previous week, totaling $2.68M in disclosed volume. The headline deal: INSURANCE AUTO AUCTIONS CORP paid $950K ($152.81/SF) for an auto auction property on Malapart Road. Retail and multifamily each accounted for two of the five sales, including a 22-unit mobile home park on Jenkins Road in Duson...
The December 30, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.27M in disclosed volume. The headline deal: 1813 BERTRAND LLC paid $675K ($70.31/SF) for an industrial showroom/warehouse on Bertrand Drive. Industrial accounted for two of the three sales, including a property split into seven contiguous warehouse units on Charbonnet Road in Duson that Rentals...
The December 23, 2024 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $12.8M in disclosed volume. The headline deal: FVR LOUISIANA LLC paid $6.52M ($374.75/SF) for the healthcare property occupied by Saint Joseph Hospice on West Pinhook Road. Retail led the week with three of the nine sales, including a gas station and convenience store near...
The December 16, 2024 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $1.96M in disclosed volume. The headline deal: MAGGIE CONCEPT INC paid $750K ($378.79/SF) for a convenience store with a gas station at the intersection of Southwest Evangeline Thruway and East Pinhook Road. Retail, industrial and land each accounted for two of the seven sales,...
Overall Dollar Volume is down 7.52% The trailing 12 month total dollar volume of sales was $318.9M at the end of Nov 2024 vs. $344.8M at the end of the prior month. Overall Deal Velocity is down 7.25% The trailing 12 month sale count was 307 at the end of Nov 2024 vs. 331 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/12/Market-Report-Lafayette-LA-November-2024.pdf" attachment_id="13527"...
The December 9, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $3.82M in disclosed volume. The headline deal: BRAEDEN INDUSTRIES LLC paid $1.43M ($119.17/SF) for an industrial warehouse property on Dairy Lane in Broussard. Industrial led the week with three of the five sales, including a warehouse on more than two acres on East Pinhook...
The December 2, 2024 issue covers one commercial sale recorded across Lafayette the previous week, with the price withheld. The week's only deal: FTF LA 3424 W PINHOOK RD LLC bought a newly constructed service station at 3425 West Pinhook Road. No other commercial sales were recorded in Lafayette that week....
The November 25, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $4.14M in disclosed volume. The headline deal: TIDES PROPERTIES LLC paid $2.05M ($177.17/SF) for an office property at the corner of Heymann Boulevard and Travis Street. Office and industrial properties each accounted for two of the five sales, while FPLJ LLC bought a 1.4-acre...
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