27 Jan The Pulse LFT: Warehouse property sells in Scott

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

Commercial Sales Recorded Last Week

110 Machine Loop, Scott, LA 70583

Type: Industrial
Price: $910,000 ($113.75 / SF)
Buyer: MFTA INVESTMENTS LLC
Elifin’s Notes: An industrial warehouse property sells on Machine Loop in Scott.

547 N Pierce St, Lafayette, LA 70501

Type: Industrial
Price: $150,000 ($30.59 / SF)
Buyer: SQUARE BUSINESS AUTO FABRICATION LLC
Elifin’s Notes: Square Business Auto Fabrication, LLC acquires an industrial property on North Pierce Street near the Evangeline Thruway.

Commercial Permits Issued Last Week

No reported commercial permits to report.

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.