Office Building Near Maurice Sold for $3.35 Million
The 20,000-square-foot property located at 100 Enterprise Blvd has changed hands between commercial investors.
Updated on Oct. 14, 2026 in Commercial
Live Poll
Do you feel recent commercial property sales in your area reflect a positive local economy?
An office building at 100 Enterprise Blvd, located near Maurice, was recently sold for $3.35 million. The property, which spans 20,000 square feet and was built in 1981, is currently occupied by multiple tenants.
Why it matters
The sale marks a significant change in ownership for the multi-tenant space, which previously traded hands in 2021 for $2,777,775. This transaction reflects ongoing activity in the local commercial real estate market.
The 20,000-square-foot office building sold for $3.35 million, representing a notable increase over the $2,777,775 purchase price recorded in 2021.
The players
David Jonathan Foreman
An active commercial investor who recently expanded his local portfolio with industrial and office property acquisitions.
Johnston Street Ventures LLC
The previous owner of the Enterprise Blvd property that held the investment for approximately five years.
The details
Land records confirm that two LLCs registered to David Jonathan Foreman acquired the property from Johnston Street Ventures LLC. The building at 100 Enterprise Blvd remains a multi-tenant facility, carrying forward its usage as an established commercial structure dating back to its original construction in 1981.
Timeline
1981: The office building was originally constructed.
2021: Johnston Street Ventures LLC purchased the property.
September 2026: David Jonathan Foreman acquired an industrial building in Youngsville.
October 14, 2026: The sale of the office building was confirmed.
The Home Front
This transaction follows the documented trend of price appreciation in Lafayette commercial real estate, marking a notable increase in valuation since 2021. The sale highlights the ongoing shifts in local commercial asset values as properties change hands among established investment groups.
Business owners leasing space in the building should review their existing lease agreements to confirm contact information for the new property management. Tenants in similar local commercial buildings should monitor public records or official notices for any upcoming changes to building ownership or management policies.
The takeaway
Commercial real estate values in the Lafayette area continue to show significant growth as high-profile assets move to new ownership groups. For those involved in commercial leasing, maintaining a copy of your current lease agreement remains the most important step during ownership transitions.
Further reading
For more on local business property trends, visit our Commercial section.
Source note: This article includes information reported by The Advocate.
Live Poll
Do you feel recent commercial property sales in your area reflect a positive local economy?
