12 Aug The Pulse LFT: Law firm purchases office along Camellia for 2mm
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
1031 Camellia Blvd, Lafayette, LA 70508
Type: Office
Price: $2,000,000 ($361.47 / SF)
Buyer: W&H UNLIMITED LLC
Elifin’s Notes: Local injury law firm purchases an office property along Camellia Boulevard in the River Ranch area.
2303 Johnston St, Lafayette, LA 70503
Type: Retail
Price: $564,420 ($265.11 / SF)
Buyer: MURPHREE, GLENN CHARLES
Elifin’s Notes: The owners of Olde Tyme Grocery purchase the former home of The Ground Pat’i restaurant on Johnston Street.
112 Charbonnet Rd, Duson, LA 70529
Type: Industrial
Price: $485,000 ($38.49 / SF)
Buyer: RENTALS ON RIDGE LLC
Elifin’s Notes: An industrial self-storage property sells off of Ridge Road in Duson.
Tract 2 Rue du Belier, Lafayette, LA 70506
Type: Land
Price: $404,800 ($0.51 / Land SF)
Buyer: SUTTON PLACE DEVELOPMENT LLC
Elifin’s Notes: This is one of three purchases of vacant land on Rue Du Belier made by Sutton Place Development this past week.
203 Teljean Rd, Lafayette, LA 70503
Type: Industrial
Price: $345,000 ($96.91 / SF)
Buyer: GRANDOLFO, ADAM
Elifin’s Notes: A warehouse property with office space and an apartment, off Johnston Street on Teljean Road, has changed ownership.
Tracts 3, 4 Rue du Belier, Lafayette, LA 70506
Type: Land
Price: $282,250 ($0.57 / Land SF)
Buyer: SUTTON PLACE DEVELOPMENT LLC
Elifin’s Notes: This is one of three purchases of vacant land on Rue Du Belier made by Sutton Place Development this past week.
3111 Cameron St, Lafayette, LA 70506
Type: Office
Price: $200,000 ($104.17 / SF)
Buyer: UNLOCK PROPERTIES LLC
Elifin’s Notes: Formerly part of a larger industrial tract, this single family residence can be used as for either commercial or residential purposes.
709 Saint John St, Lafayette, LA 70501
Type: Office
Price: $185,000 ($123.33 / SF)
Buyer: MORCOR WELLNESS LLC
Elifin’s Notes: An office property sells on Saint John Street near Cathedral Carmel School.
707 E University Ave, Lafayette, LA 70501
Type: Retail
Price: $170,000 ($103.03 / SF)
Buyer: MAINTENANCE SHOP A SALON LLC THE
Elifin’s Notes: A retail property changes hands along East University Avenue near UL’s campus.
Tract 1 Rue du Belier, Lafayette, LA 70506
Type: Land
Price: $121,025 ($0.54 / Land SF)
Buyer: SUTTON PLACE DEVELOPMENT LLC
Elifin’s Notes: This is one of three purchases of vacant land on Rue Du Belier made by Sutton Place Development this past week.
Commercial Permits Issued Last Week
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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.
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