06 Apr The Pulse LFT: The Alley Downtown purchases its location

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

Commercial Sales Recorded Last Week

200 S Bernard Rd, Broussard, LA 70518

Type: Industrial
Price: $3,005,000 ($101.52 / SF)
Buyer: 5 PM LLC
Elifin’s Notes: A Texas-based company purchased an industrial property consisting of 2 buildings on South Bernard Road.

5605 Ambassador Caffery Pkwy, Youngsville, LA 70592

Type: Office
Price: $650,000 ($232.14 / SF)
Buyer: IBERIA COMPREHENSIVE COMMUNITY HEALTH CENTER INC
Elifin’s Notes: A medical office property sells in Youngsville.

802 Johnston St, Lafayette, LA 70501

Type: Office
Price: $408,500 ($207.36 / SF)
Buyer: FLUSH PROPERTY LLC
Elifin’s Notes: An office property, recently occupied by a law firm, sells in the Downtown area.

537 Jefferson St, Lafayette, LA 70501

Type: Retail
Price: $400,000 ($503.14 / SF)
Buyer: HUNCHO CONSULTANTS LLC
Elifin’s Notes: The Alley Downtown purchases its newly established beer garden location in Downtown Lafayette.

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.