The Pulse LFT: Northgate Mall sells to local investor

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

Commercial Sales Recorded Last Week

1800 NE Evangeline Thwy, Lafayette, LA 70501
1800 NE Evangeline Thwy, Lafayette, LA 70501

Type: Retail
Price: $2,800,000 ($11.11 / SF)
Buyer: HUB CITY PLAZA LLC
Elifin’s Notes: Local developer purchases the Northgate Mall.

121 Abigayles Row, Scott, LA 70583
121 Abigayles Row, Scott, LA 70583

Type: Industrial
Price: $440,000 ($110.00 / SF)
Buyer: BOULIGNY PROPERTIES & LAND LLC
Elifin’s Notes: Bouligny Properties & Land LLC acquires an industrial property in Commercial Park West, off of I-10 South Frontage Road.

1029 Coolidge St, Lafayette, LA 70503
1029 Coolidge St, Lafayette, LA 70503

Type: Office
Price: $300,000 ($155.36 / SF)
Buyer: LANGSTON, THOMAS J JR
Elifin’s Notes: An office condominium unit changes ownership at the hard corner of Coolidge Street and Audubon Boulevard.

155, 201 High Meadows Blvd (Units Q113-T119), Lafayette, LA 70507
155, 201 High Meadows Blvd (Units Q113-T119), Lafayette, LA 70507

Type: Multifamily
Price: $225,000 ($45,000 / Unit)
Buyer: FOREMAN FUTURES LLC
Elifin’s Notes: A local entity purchases a portfolio of 5 condo units within the Meadow West complex.

2006 W Pinhook Rd, Lafayette, LA 70508
2006 W Pinhook Rd, Lafayette, LA 70508

Type: Office
Price: $165,000 ($45.83 / SF)
Buyer: CFP2 LLC
Elifin’s Notes: An office property changes hands on West Pinhook Road.


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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