The April 1, 2024 issue covers six commercial sales recorded across Lafayette the previous week, totaling $7.16M in disclosed volume. The headline deal: GRACE JAMES PROPERTIES LLC, a pair of Sulphur-based investors, paid $2.83M ($10.00/Land SF) for a 6.4+ acre parcel on Chemin Metairie Parkway adjacent to Ascension Episcopal School in Youngsville. Industrial and retail each made up two of...
The March 25, 2024 issue covers nine commercial sales recorded across Lafayette the previous week, totaling $8.58M in disclosed volume. The headline deal: DOUG ASHY BUILDING MATERIALS INC paid $3.13M ($173.61/SF) for a pair of commercial buildings on over 11 acres near its primary complex on Johnston Street. Office led the week with three of the nine sales, including the...
The March 18, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $4.59M in disclosed volume. The headline deal: MD4 PROPERTIES LLC, a pair of Youngsville-based investors, paid $2.48M ($253.12/SF) for a newly constructed building on Camellia Boulevard with two office suites and two 3BR/3BA residential units. Land led the week with three of the five...
The March 11, 2024 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $8.98M in disclosed volume. The headline deal: WENDYS PROPERTIES LLC, the Wendy's main office, paid $2.27M ($766.98/SF) for one of its franchise properties in front of the Wal-Mart on Ambassador Caffery Parkway. Retail led the week with four of the eight sales, including two...
The March 4, 2024 issue covers eleven commercial sales recorded across Lafayette the previous week, totaling $7.12M in disclosed volume. The headline deal: MONTROSE DEVELOPMENT COMPANY LLC paid $3M ($3.36/Land SF) for 20.5+ acres of vacant land at the corner of Vincent Road and Verot School Road. Land, office and industrial properties each made up three of the eleven sales,...
The February 26, 2024 issue covers three commercial sales recorded across Lafayette the previous week, totaling $1.69M in disclosed volume. The headline deal: 9191 VENTURES LLC, a Baton Rouge-based entity, paid $1.03M ($1.01/Land SF) for 23+ acres of vacant land at the intersection of Fortune Road and the Youngsville Highway. Land led the week with two of the three sales,...
The February 19, 2024 issue covers five commercial sales recorded across Lafayette the previous week, totaling $7.19M in disclosed volume. The headline deal: DB CAMELLIA LAND LLC, a Baton Rouge-based entity, paid $4M ($4.82/Land SF) for 19.049 acres at the end of East Bluebird Drive off Camellia Boulevard. Land led the week with three of the five sales, including 15.9+...
The February 12, 2024 issue covers four commercial sales recorded across Lafayette the previous week, totaling $1.16M in disclosed volume. The headline deal: SHREYANSH LLC paid $475K ($38.31/SF) for an industrial property on Beau Pre Road near West Pinhook Road. Each of the four sales was a different property type, among them the La Roulette Mobile Home Park in Carencro,...
The February 5, 2024 issue covers six commercial sales recorded across Lafayette the previous week, totaling $1.86M in disclosed volume. The headline deal: PRIMAX PROPERTIES LLC, based in Charlotte, North Carolina, paid $827K ($3.52/Land SF) for 5+ acres of vacant commercial land along I-49 in Carencro. Land and retail each made up two of the six sales, including the Dairy...
The January 29, 2024 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $30.6M in disclosed volume. The headline deal: OM SHANTI OM TWELVE LLC, for hotel investment group Om Shanti Om LLC, paid $13.8M ($129,717/unit) for the Home2 Suites within the Parc Lafayette Center on Kaliste Saloom Road. Industrial led the week with three of the...
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