08 Jun The Pulse LFT: NY-based company purchases three industrial properties
A weekly update on the commercial real estate landscape of Lafayette.
Commercial Sales Recorded Last Week
2008, 2010 W Pinhook Rd, Lafayette, LA 70508
Type: Office
Price: $1,600,000 ($251.97 / SF)
Buyer: RELIANT INVESTMENTS LLC
Elifin’s Notes: An office property sells on West Pinhook.
216 Old Farm Rd, Broussard, LA 70518
Type: Industrial
Price: $1,469,292 ($59.49 / SF)
Buyer: PRENN REALTY LLC
Elifin’s Notes: A New York-based investment company purchases this as one of three related industrial properties in Broussard.
2127 Kaliste Saloom Rd, Lafayette, LA 70508
Type: Retail
Price: $1,000,000 ($163.08 / SF)
Buyer: NAH SENPENG ENTERPRISES LLC
Elifin’s Notes: A strip center property changes ownership on Kaliste Saloom Road.
406 Wall St, Lafayette, LA 70506
Type: Industrial
Price: $985,000 ($74.65 / SF)
Buyer: QPS of BR Residential LLC
Elifin’s Notes: An industrial property with loading docks sells to an investor.
215, 219 E Convent St;
214 Stewart St, Lafayette, LA 70501
Type: Retail
Price: $885,000 ($126.43 / SF)
Buyer: SIMERAL PROPERTIES LLC
Elifin’s Notes: The Blue Moon Saloon & Guesthouse along with an adjacent rental property sell, in a lease-back style transaction, to a Grand Coteau-based investor.
128 Millstone Rd, Broussard, LA 70518
Type: Industrial
Price: $863,119 ($74.73 / SF)
Buyer: PRENN REALTY LLC
Elifin’s Notes: A New York-based investment company purchases this as one of three related industrial properties in Broussard.
134, 140 Millstone Rd, Broussard, LA 70518
Type: Industrial
Price: $667,589 ($71.47 / SF)
Buyer: PRENN REALTY LLC
Elifin’s Notes: A New York-based investment company purchases this as one of three related industrial properties in Broussard.
122 Southpark Rd, Lafayette, LA 70508
Type: Industrial
Price: $480,900 ($48.09 / SF)
Buyer: DEEP SOUTH EQUIPMENT COMPANY
Elifin’s Notes: Deep South Equipment Company purchases their location marked by a gorilla statue in front of the industrial building.
616, 618, 620 Jefferson Blvd, Lafayette, LA 70501
Type: Retail
Price: $480,000 ($78.18 / SF)
Buyer: CASTLE ROW LLC
Elifin’s Notes: A multi-tenant retail property changes hands on Jefferson Boulevard.
412 Westgate Rd, Lafayette, LA 70506
Type: Retail
Price: $448,000 ($154.80 / SF)
Buyer: ALLEMAN, BURKE
Elifin’s Notes: An used automotive sales property sells on Westgate Road.
133 S Audubon Blvd, Lafayette, LA 70503
Type: Office
Price: $376,875 ($123.16 / SF)
Buyer: JOINT TRUST OF GREGORY J FETZER & KATHY J FETZER
Elifin’s Notes: A Colorado-based trust purchases an office property in the Oil Center.
1306 Jefferson St, Lafayette, LA 70501
Type: Retail
Price: $255,000 ($58.43 / SF)
Buyer: AUGUST A PROPERTIES LLC
Elifin’s Notes: A commercial property sells near Tammy’s Grocery on Jefferson.
500 Lafayette St, Youngsville, LA 70592
Type: Office
Price: $230,000 ($123.66 / SF)
Buyer: BROMERO PROPERTIES LLC
Elifin’s Notes: An office property sells on Lafayette Street in Youngsville,
400 Iberia St, Youngsville, LA 70592
Type: Land
Price: $200,000 ($6.47 / Land SF)
Buyer: THIBODEAUX, SIDNEY III
Elifin’s Notes: A 0.7+ acre parcel of commercial land sells across from the Post Office on Iberia Street.
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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