The Pulse LFT: Wright Group buys industrial property for 5.5mm

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

Commercial Sales Recorded Last Week

520 Beau Pre Rd, Lafayette, LA 70508
520 Beau Pre Rd, Lafayette, LA 70508

Type: Industrial
Price: $5,500,000 ($150.09 / SF)
Buyer: TWG SERVICING COMPANY INC
Elifin’s Notes: The Wright Group purchases an industrial-flex property in the Pilette area

101 Oil Patch Rd, Broussard, LA 70518
101 Oil Patch Rd, Broussard, LA 70518

Type: Industrial
Price: $2,800,000 ($233.33 / SF)
Buyer: MCSTORAGE MINI LP
Elifin’s Notes: A newly constructed industrial warehouse property sells within the Garber Industrial Park.

105 Bolton St, Lafayette, LA 70508
105 Bolton St, Lafayette, LA 70508

Type: Industrial
Price: $395,000 ($53.74 / SF)
Buyer: NKE PROPERTIES LLC
Elifin’s Notes: NKE Properties LLC acquires an industrial warehouse property off of East Verot School Road on Bolton Road.

2700 Youngsville Hwy, Youngsville, LA 70592
2700 Youngsville Hwy, Youngsville, LA 70592

Type: Industrial
Price: $300,000 ($50.00 / SF)
Buyer: STARR INVESTMENT PROPERTIES LLC
Elifin’s Notes: An RV and boat storage facility property changes ownership on Youngsville Highway.


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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