Episode
Industrial Deal in Broussard Hits $130PSF | New Orleans News
- Published
- Jul 23, 2026
- Duration seconds
- 91
- Processing state
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- https://sources.thednn.ai/3ea91b3eeb55bd69
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Summary
A top-tier industrial property in Broussard, Louisiana, just sold for over $130 per sq ft — fully leased to Drilling Tools International, a stable tenant in the energy sector. Brokered by Marcus & Millichap, the deal attracted a real estate investment trust seeking reliable income, while the seller was a private Arkansas-based entity. Located on 10 acres in Lafayette Parish’s energy corridor, the 2006-built facility sits near major highways and supports Gulf of Mexico and Haynesville Shale operations — making it a prime, income-generating asset in a high-demand industry. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/3ea91b3eeb55bd69