The July 29, 2024 issue covers six commercial sales recorded across Lafayette the previous week, totaling $2.94M in disclosed volume. The headline deal: JA FONTENOT HOLDINGS LLC paid $1.68M ($13.53/Land SF) for a 2.8+ acre commercial parcel at the corner of Johnston Street and Lana Drive. Land led the week with three of the six sales, including 1.2+ acres behind...
The July 22, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $2.9M in disclosed volume. The headline deal: SF VANGUARD VENTURES LLC, a local investor, paid $1.45M ($6.91/Land SF) for 4.8+ acres of vacant commercial land fronting the Youngsville Highway. Land led the week with two of the three sales, the other a 1.7+ acre...
Overall Dollar Volume is down 5.52% The trailing 12 month total dollar volume of sales was $348.1M at the end of Jun 2024 vs. $368.5M at the end of the prior month. Overall Deal Velocity is down 4.17% The trailing 12 month sale count was 322 at the end of Jun 2024 vs. 336 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/07/Market-Report-Lafayette-LA-June-2024.pdf" attachment_id="12202"...
The July 15, 2024 issue covers seven commercial sales recorded across Lafayette the previous week, totaling $4.23M in disclosed volume. The headline deal: ATRIUM ACQUISITIONS LLC paid $1.45M ($2.92/Land SF) for 11.4 acres of vacant commercial land at the intersection of Ridge Road and Ambassador Caffery Parkway. Land led the week with five of the seven sales, including 1.4+ acres...
The July 8, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.61M in disclosed volume. The headline deal: DOAN & DOAN PROPERTIES LLC paid $625K ($111.61/SF) for a medical office building on Guilbeau Road in the Congress Center Subdivision. Office led the week with two of the three sales, the other an office building on...
The July 1, 2024 issue covers four commercial sales recorded across Lafayette the previous week, totaling $1.86M in disclosed volume. The headline deal: DVS PROPERTY MANAGEMENT LLC paid $740K ($228.82/SF) for an office condominium unit in Beaullieu Square on Beaullieu Drive. Each of the four sales was a different property type, including a commercial property on West Pine Street near...
The June 24, 2024 issue covers four commercial sales recorded across Lafayette the previous week, totaling $1.96M in disclosed volume. The headline deal: HTT ALLIANCE LLC paid $950K ($2.54/Land SF) for an 8.5+ acre parcel of vacant commercial land on Johnston Street near East Broussard Road. Each of the four sales was a different property type, including a pair of...
The June 17, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.08M in disclosed volume. The headline deal: E & B CAMILLE HOLDINGS LLC paid $650K ($131.05/SF) for an industrial flex showroom property on Camille Street off Johnston Street. Industrial led the week with two of the three sales, including an industrial warehouse on Burgess...
Overall Dollar Volume is steady. The trailing 12 month total dollar volume of sales was $368.5M at the end of May 2024. Overall Deal Velocity is down 2.61% The trailing 12 month sale count was 336 at the end of May 2024 vs. 345 at the end of the prior month. [pdfjs-viewer url="https://elifinrealty.com/wp-content/uploads/2024/06/Market-Report-Lafayette-LA-May-2024.pdf" attachment_id="11835" viewer_width=100% viewer_height=800px fullscreen=true download=true print=true]...
The June 10, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $2.23M in disclosed volume. The headline deal: 3328 AMBASSADOR CAFFERY LLC paid $1.15M ($547.62/SF) for the KFC fast food property on Ambassador Caffery Parkway near Johnston Street. Retail led the week with three of the five sales, including a retail store next to Hub...
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