The Pulse LFT: Illinois company purchases distribution facility for 15mm

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

Commercial Sales Recorded Last Week

210 Distribution Dr, Lafayette, LA 70507
210 Distribution Dr, Lafayette, LA 70507

Type: Industrial
Price: $15,000,000 ($75.91 / SF)
Buyer: LONE OAK LAFAYETTE LLC
Elifin’s Notes: An Illinois-based company purchases a distribution facility on Distribution Drive.

6011 Ambassador Caffery Pkwy, Youngsville, LA 70592
6011 Ambassador Caffery Pkwy, Youngsville, LA 70592

Type: Office
Price: $4,025,000 ($348.85 / SF)
Buyer: SCREP II HC SPE LLC
Elifin’s Notes: An Illinois-based company acquires an urgent care center property next to Les Vieux Chenes Golf Course.

309 La Rue France, Lafayette, LA 70508
309 La Rue France, Lafayette, LA 70508

Type: Office
Price: $3,000,000 ($338.60 / SF)
Buyer: FIRST NATIONAL BANK OF JEANERETTE
Elifin’s Notes: An office property changes hands on La Rue France.

406 Wall St, Lafayette, LA 70506
406 Wall St, Lafayette, LA 70506

Type: Industrial
Price: $985,000 ($74.65 / SF)
Buyer: QPS of BR Residential LLC
Elifin’s Notes: An industrial property with loading docks sells to an investor.

311 La Rue France, Lafayette, LA 70508
311 La Rue France, Lafayette, LA 70508

Type: Land
Price: $900,000 ($5.58 / Land SF)
Buyer: FIRST NATIONAL BANK OF JEANERETTE
Elifin’s Notes: A 3+ acre parcel of land sells on La Rue France.

4400 Blk Chemin Metairie Pkwy, Youngsville, LA 70592
4400 Blk Chemin Metairie Pkwy, Youngsville, LA 70592

Type: Land
Price: $800,000 ($8.24 / Land SF)
Buyer: BRUHATI 8 LLC
Elifin’s Notes: A 2+ acre parcel of land sells at the corner of Chemin Metairie Parkway and Vaulet Road.

3115 W Pinhook Rd, Lafayette, LA 70508
3115 W Pinhook Rd, Lafayette, LA 70508

Type: Retail
Price: $615,000 ($134.22 / SF)
Buyer: JB AUTOMOTIVE LA LLC
Elifin’s Notes: A California-based company purchases a former automotive service center property on West Pinhook Road.

3101 Cameron St, Lafayette, LA 70506
3101 Cameron St, Lafayette, LA 70506

Type: Retail
Price: $350,000 ($96.42 / SF)
Buyer: ABUHIJLEH, HASAN SAMIR
Elifin’s Notes: A automotive sales property sells at the corner of Cameron Street and North Bertrand Drive.

700 Blk W Broussard Rd, Lafayette, LA 70506
700 Blk W Broussard Rd, Lafayette, LA 70506

Type: Land
Price: $250,000 ($1.64 / Land SF)
Buyer: BECKSTER INVESTMENTS LLC
Elifin’s Notes: A 3+ acre parcel of land sells on West Broussard Road.

3924 Verot School Rd, Youngsville, LA 70592
3924 Verot School Rd, Youngsville, LA 70592

Type: Industrial
Price: Withheld
Buyer: LAFAYETTE CONCRETE DIVISION LLC
Elifin’s Notes: Barry Concrete, Inc., who played an integral part in building of some of Lafayette’s great infrastructure and buildings, sells their facility in Youngsville.

2321 Cameron St, Lafayette, LA 70506
2321 Cameron St, Lafayette, LA 70506

Type: Industrial
Price: Withheld
Buyer: LAFAYETTE CONCRETE DIVISION LLC
Elifin’s Notes: Barry Concrete, Inc., who played an integral part in building of some of Lafayette’s great infrastructure and buildings, sells their facilities in Lafayette, Opelousas, and Iberia Parish.


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
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