Terrace Centre sold for over 3 million
The August 31, 2026 issue covers eleven commercial sales recorded across Lafayette the previous week, totaling $7.58M in disclosed volume. The headline deal: MADEL REALTY LLC paid $3.15M ($76.83/SF) for Terrace Centre, a Class B office building off Ambassador Caffery Parkway. Land and industrial each accounted for four of the 11 sales, a Florida-based company paid $1.44M for a Starbucks property on West Pinhook Road, and Westminster Christian Academy bought a 20+ acre parcel next to its school for $650K.
Commercial Sales Recorded Last Week 11 sales
701 Robley Dr
$3,150,000 $76.83 / SF
Terrace Centre, a Class B office building, sells off of Ambassador Caffery Parkway.
BuyerMADEL REALTY LLC
1907 W Pinhook Rd
$1,435,000 $782.02 / SF
A Florida-based company purchases a Starbucks property on West Pinhook Road.
BuyerORION KCPM LLC
1000 Blk E Broussard Rd
$650,000 $0.74 / Land SF
Westminster Christian Academy purchases a 20+ acre parcel of land next to their school on Goshen Lane.
BuyerWESTMINSTER CHRISTIAN ACADEMY
1149 Garber Rd
$630,000 $126.00 / SF
An industrial facility sitting on 3.57 acres sells on Garber Road.
BuyerPRECISION HOLDINGS LLC
1239 Camellia Blvd
$525,000 $31.43 / Land SF
A vacant 0.3+ acre parcel of commercial land sells on Camellia Boulevard.
BuyerB & T REALTY LLC
221 Four Park Rd
$472,500 $88.82 / SF
An industrial property changes hands on Four Park Road.
BuyerTHOMPSON, BAYLOR
405 Mecca St
$235,000 $40.52 / SF
An industrial property changes hands on Mecca Street.
BuyerLAHUTHA BELT MANUFACTURE LLC
330 Brigid St
$210,000 $52.50 / SF
An industrial warehouse/office property sells on Brigid Street.
BuyerJEFFREYS RENTAL LLC
2124 W Willow St
$140,000 $1.37 / Land SF
A 2+ acre parcel of land sells on Willow Street in Scott.
BuyerL MARK THOMAS INC
Tract 4 NE Evangeline Thwy
$132,428 $0.29 / Land SF
An adjacent retail property owner purchases a 1+ acre tract of land fronting Northeast Evangeline Thruway.
BuyerEaglin, Anthony
801 Foreman Dr
Price withheld
A strip center property sells at the corner of Foreman and Dulles Drives.
BuyerSINGH SIGNATURE STORES INC
Commercial Permits Issued Last Week 3 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 4040 AMBASSADOR CAFFERY PKWY | Sign – Wall Sign (C) | $0 | Express Care Quick Lube wall signs | O N/AC N/A |
| 141 BOYCE ST, Broussard | Electrical Standalone (C) | $0 | Upgrading 200 amp to 320 amp single phase overhead service, running 2 60 amp AC circuits | O N/AC Lafayette Paint |
| 1115 AMBASSADOR CAFFERY PKWY | Addition / Alteration / Repair (C) | $0 | Fire Station No. 11 foundation repair and underpinning | O N/AC N/A |