29 Jun The Pulse LFT: Office property sold for 9.05 million

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

Commercial Sales Recorded Last Week

1906 Eraste Landry Rd, Lafayette, LA 70506

Type: Office
Price: $9,050,000 ($150.39 / SF)
Buyer: LTMG LLC
Elifin’s Notes: An office property currently occupied by two tenants changes ownership on Eraste Landry Road.

205, 209 Energy Parkway, Lafayette, LA 70508

Type: Land
Price: $495,000 ($5.21 / Land SF)
Buyer: Desai Eye Care Partners LLC
Elifin’s Notes: A pair of land parcels totaling over 2 acres sell on Energy Parkway.

111 Lafferty Dr, Broussard, LA 70518

Type: Industrial
Price: $314,000 ($78.50 / SF)
Buyer: WEST, DANNY FRANCIS
Elifin’s Notes: This property last sold for $220,000 in 2023.

407 Mecca Dr, Lafayette, LA 70508

Type: Industrial
Price: $305,000 ($48.80 / SF)
Buyer: DOMINO INVESTMENTS LLC
Elifin’s Notes: An industrial property changes hands on Mecca Drive.

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.