The Pulse LFT: City of Lafayette purchases downtown building

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

214 Jefferson St, Lafayette, LA 70501
214 Jefferson St, Lafayette, LA 70501

Type: Office
Price: $6,176,250 ($146.44 / SF)
Buyer: LAF-CITY
Elifin’s Notes: The City of Lafayette purchases the historic office property at 214 Jefferson Street along with a pair of parking lots.

5732 Johnston St, Lafayette, LA 70503
5732 Johnston St, Lafayette, LA 70503

Type: Retail
Price: $2,092,000 ($670.51 / SF)
Buyer: BOSCOBEL DG LLC
Elifin’s Notes: Boscobel DG LLC, an Illinois-based company purchases a QSR restaurant property on Johnston Street.

100 BLK Belfort Lane, Lafayette, LA 70507
100 BLK Belfort Lane, Lafayette, LA 70507

Type: Land
Price: $1,495,547 ($1.03 / Land SF)
Buyer: UPPER LAFAYETTE MANAGEMENT GROUP LLC
Elifin’s Notes: A Madisonville-based entity purchases 33+ acres near I-49.

311 Diesel Dr, Scott, LA 70583
311 Diesel Dr, Scott, LA 70583

Type: Industrial
Price: $1,165,980 ($52.64 / SF)
Buyer: MOUNTAIN HOLDINGS LLC
Elifin’s Notes: Mountain Holdings LLC acquires an industrial property across three parcels with multiple buildings in Scott.

4940 NE Evangeline Thwy, Carencro, LA 70520
4940 NE Evangeline Thwy, Carencro, LA 70520

Type: Multifamily
Price: $240,000 ($26,667 / Unit)
Buyer: CELESTINE, DERRICK J
Elifin’s Notes: A 9-unit mobile home park sells in Carencro.

1807 Jefferson St, Lafayette, LA 70501
1807 Jefferson St, Lafayette, LA 70501

Type: Retail
Price: $226,805 ($75.60 / SF)
Buyer: PATRON INVESTMENT GROUP LLC
Elifin’s Notes: Patron Investment Group LLC acquires retail property at the corner of Jefferson and Taft Streets.

3000 BLK S Fieldspan Rd, Lafayette, LA 70506
3000 BLK S Fieldspan Rd, Lafayette, LA 70506

Type: Land
Price: $203,000 ($0.29 / Land SF)
Buyer: STALLION FARMS LLC
Elifin’s Notes: Stallion Farms, LLC purchases two parcels of land totaling over 16 acres on South Fieldspan Road.


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
No Comments

Post A Comment