The Pulse LFT: The City of Broussard acquires energy service properties

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

Commercial Sales Recorded Last Week

5801 Highway 90 E
5801 Highway 90 E

Type: Industrial
Price: $5,300,000
Buyer: BROUSSARD CITY OF
Elifin’s Notes: The City of Broussard has acquired the properties previously owned and occupied by Superior Energy Services off of US 90 which include four buildings and a 3.8+ acre parcel of vacant land

201 S Bud St
201 S Bud St

Type: Land
Price: $472,910 ($3.12 / Land SF)
Buyer: FOLKS INVESTMENTS LLC
Elifin’s Notes: A Baton Rouge-based entity purchases 3.4+ acres of vacant commercial land in Scott

202 Jared Dr
202 Jared Dr

Type: Industrial
Price: $450,000 ($112.50 / SF)
Buyer: DALE MARTIN INVESTMENTS LLC
Elifin’s Notes: A newly constructed industrial property sells along Jared Drive in Broussard

215 Rue Beauregard
215 Rue Beauregard

Type: Land
Price: $141,750 ($5.33 / Land SF)
Buyer: RAA PROPERTIES LLC
Elifin’s Notes: Local investor purchases 0.6+ acres of land along Rue Beauregard


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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