Land sold for Arbours at Lafayette apartments expansion
The September 23, 2024 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $12.5M in disclosed volume. The headline deal: RIGID REAL ESTATE HOLDINGS LLC paid $3.6M ($107.46/SF) for an industrial property with multiple buildings on more than eight acres on Johnston Street near Maurice. Industrial and land each accounted for four of the ten sales, including a 7.42-acre tract bought by Arbours at Lafayette Phase II LLC next to its newly constructed multifamily property for $1.8M, and the United Way's office/warehouse complex on Pinhook Road, bought by Second Harvest Food Bank of Greater New Orleans & Acadiana for $1.6M.
Commercial Sales Recorded Last Week 10 sales
7616, 7620 Johnston St
$3,600,000 $107.46 / SF
Ridge Real Estate Holdings acquires an industrial property with multiple buildings on 8+ acres near Maurice.
BuyerRIGID REAL ESTATE HOLDINGS LLC
3420 NE Evangeline Thwy
$2,000,000 $2.87 / Land SF
A 15+ acre tract of land, previously part of the Aspire Behavioral Health Center campus, sells in Carencro.
BuyerBSE CWLP LLC
Lot 7-B-1 Alcide Dominique Dr
$1,800,000 $5.57 / Land SF
The Arbours at Lafayette, as a part of Phase II, purchase a 7.42 acre tract of land adjacent to their newly constructed multifamily property.
BuyerARBOURS AT LAFAYETTE PHASE II LLC
100BLK Hogan Dr
$1,650,000 $36,667 / unit
Baton Rouge-based investors purchase a 45-unit single family residential subdivision, with some vacant land available for future construction.
BuyerMADELINE PLACE HOUSING LLC
209, 211, 215 E Pinhook Rd
$1,600,000 $23.19 / SF
The Second Harvest Food Bank of Greater New Orleans & Acadiana purchases the United Way's multi-building office/warehouse complex on Pinhook Road.
BuyerSECOND HARVEST FOOD BANK OF GREATER NEW ORLEANS & ACADIANA
1010 South College Rd
$720,000 $90,000 / unit
Fresh Investments, LLC, a local entity, purchases 1010 South College, a pair of fourplexes, totaling 8 units.
BuyerFRESH INVESTMENTS LLC
3606 Cameron St
$675,000 $1.18 / Land SF
An Abbeville-based entity purchases the 13+ acre tract of land at the corner of Ambassador Caffery and Cameron Street.
BuyerBROTHERS IN BUSINESS LLC
101 Eppler Rd
$205,000 $85.85 / SF
An industrial warehouse property sells off of West Broussard Road.
BuyerTRATTOS, LLC
100, 112 Tubing Rd, Broussard
$160,000 $55.17 / SF
Benoit Real Estate LLC acquires an industrial warehouse off of West Pinhook Road near Broussard.
BuyerBENOIT REAL ESTATE TRUST LLC
214 Cummings Rd
$125,000 $2.40 / Land SF
A 1.1+ acre parcel of land sells to Acadiana Industrial Ventures LLC.
BuyerACADIANA INDUSTRIAL VENTURES LLC
Commercial Permits Issued Last Week 15 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 538 JEFFERSON ST | Reroof (C) | $68,000 | Commercial Reroof | O N/AC Miller Roofing of Acadiana, LLC, Douglas Wayne Miller |
| 127 VINCENT RD | Addition / Alteration / Repair (C) | $0 | Install NFPA-13R Fire Sprinkler System | O N/AC N/A |
| 3219 NW EVANGELINE THWY | Addition / Alteration / Repair (C) | $0 | This project is a stand-alone 1,981 sf toilet and breakroom building that will replace and existing stand-alone toilet room. | O N/AC N/A |
| 3020 N UNIVERSITY AVE | Commercial New Construction | $0 | 24'x30' Storage Building | O N/AC N/A |
| 490 MALAPART RD | Electrical Standalone (C) | $0 | Fedex truck ripped off meter box wood post and meter box and panel box and has to be replaced with a new wood post and the essential 200 amp meter and panel box | O N/AC N/A |
| 1717 ERASTE LANDRY RD #97 | Electrical Standalone (C) | $0 | Repairing the burnt wires in the trough for the service. | O N/AC N/A |
| 118 TURN ROW | Electrical Standalone (C) | $0 | Service Change Out | O N/AC N/A |
| 526 BOURQUE RD | Electrical Standalone (C) | $0 | SUPPLY CABINET | O COX COMMUNICATIONC N/A |
| 4906 AMBASSADOR CAFFERY PKWY | Plumbing Standalone (C) | $0 | New backflow building N | O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN |
| 100 AMERICAN BLVD | Plumbing Standalone (C) | $0 | Backflow inspection | O N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES |
| 4202 JOHNSTON ST | Plumbing Standalone (C) | $0 | Irrigation backflow | O N/AC THE CUTTING EDGE, BLAKE GILMORE |
| 100 KINGSLEY DR | Plumbing Standalone (C) | $0 | Future water and sewer. | O N/AC RONNIE FRISBY'S PLUMBING LLC, RONALD FRISBY |
| 1304 E BAYOU PKWY | Plumbing Standalone (C) | $0 | 2 new backflows | O N/AC DARREN AUCOIN'S PLUMBING, DARREN AUCOIN |
| 114 REPRESENTATIVE ROW | Plumbing Standalone (C) | $0 | backflow is in front of building left side | O N/AC SOUTHERN IRRIGATION SERVICES LLC, WILLIAM MATTHEWS |
| 6606 JOHNSTON ST | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |