02 Jun The Pulse LFT: Metairie Centre sells for 8.18mm
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week

103, 107 Centre Sarcelle Blvd, Youngsville, LA 70592
Type: Retail
Price: $8,175,000 ($246.14 / SF)
Buyer: METAIRIE YOUNGSVILLE LLC; EAT METAIRIE YOUNGSVILLE LLC
Elifin’s Notes: The Metairie Centre retail property sells in Youngsville.

148B Banks Ave, Lafayette, LA 70506
Type: Industrial
Price: $900,000 ($120.00 / SF)
Buyer: DA BANKS AVE LLC
Elifin’s Notes: A Georgia-based company acquires an industrial property on Banks Avenue next to the Coca-Cola Bottling Company.

1004B Albertson Pkwy, Broussard, LA 70518
Type: Industrial
Price: $895,000 ($97.28 / SF)
Buyer: MENDOZA PROPERTY COMPANY LLC
Elifin’s Notes: Mendoza Property Company LLC acquires an industrial warehouse property on Albertson Parkway.

209 Jared Dr, Broussard, LA 70518
Type: Industrial
Price: $465,000 ($116.25 / SF)
Buyer: PACIFIC PREMIER TRUST CUSTODIAN FBO DAVID C LABORDE IRA
Elifin’s Notes: An industrial property changes ownership on Jared Drive in Broussard.

1907 Eraste Landry Rd, Lafayette, LA 70506
Type: Land
Price: $450,000 ($4.58 / Land SF)
Buyer: P&D LANDHOLDINGS LLC
Elifin’s Notes: P&D Landholdings LLC acquires a 2.2+ acre land parcel, with existing improvements, on Eraste Landry Road.

605 E 2nd St, Broussard, LA 70518
Type: Industrial
Price: $440,000 ($72.18 / SF)
Buyer: DUHON, HARRY GAGE
Elifin’s Notes: An industrial property changes hands on 2nd Street in Broussard.

107 Row 3, Lafayette, LA 70508
Type: Industrial
Price: $385,000 ($76.69 / SF)
Buyer: RIN PROPERTIES LLC
Elifin’s Notes: An industrial property sells within the Canebrake Commercial & Business Park.

920 Breaux Rd, Lafayette, LA 70506
Type: Land
Price: $249,000 ($0.48 / Land SF)
Buyer: FERGUSON, JOSEPH KENNETH
Elifin’s Notes: An 11.8+ acre parcel of land sells on Breaux Road.
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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