The Pulse LFT: Lourdes purchases office building

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

Commercial Sales Recorded Last Week

5000 Ambassador Caffery Pkwy (Bldg 1), Lafayette, LA 70508
5000 Ambassador Caffery Pkwy (Bldg 1), Lafayette, LA 70508

Type: Office
Price: $4,265,000 ($346.75 / SF)
Buyer: OUR LADY OF LOURDES REGIONAL MEDICAL CENTER INC
Elifin’s Notes: Lourdes purchases an office condo property across from their Hospital on Ambassador Caffery Parkway.

129 Banks Ave, Lafayette, LA 70506
129 Banks Ave, Lafayette, LA 70506

Type: Industrial
Price: $2,650,000 ($134.56 / SF)
Buyer: 129 BNKS AVE LLC
Elifin’s Notes: An Arizona-based company acquires an industrial property near Bertrand Drive.

404 Hwy 93, Scott, LA 70583
404 Hwy 93, Scott, LA 70583

Type: Retail
Price: $2,300,000 ($547.62 / SF)
Buyer: 404 LA 93 LLC
Elifin’s Notes: A convenience store/gas station property, along with a vacant land parcel, sells for 2.3 million.

3113 Cameron St, Lafayette, LA 70506
3113 Cameron St, Lafayette, LA 70506

Type: Industrial
Price: $425,000 ($18.40 / SF)
Buyer: THE CLASSIC PARK, LLC
Elifin’s Notes: An 8-building industrial property portfolio sells on Cameron Street.

1001 Kaliste Saloom Rd, Lafayette, LA 70508
1001 Kaliste Saloom Rd, Lafayette, LA 70508

Type: Retail
Price: $375,000 ($114.33 / SF)
Buyer: SADMUTH PROPERTIES INC
Elifin’s Notes: Sadmuth Properties Inc., purchases a convenience store/gas station property on Kaliste Saloom Road.

109 Bolton St, Lafayette, LA 70508
109 Bolton St, Lafayette, LA 70508

Type: Industrial
Price: $166,500 ($41.63 / SF)
Buyer: TWELVE OAKS CAPITAL, LLC
Elifin’s Notes: A two building industrial property sells on Bolton Street.


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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