Lafayette Promenade developer sells portion of site for $5.8M
LAFAYETTE — Alabama-based commercial real estate developer Hix Snedeker Cos. recently offloaded a roughly 3-acre plot within the firm’s Lafayette Promenade for just over $5.8 million.
The parcel is home to an approximately 20,000-square-foot Tractor Supply Store, which was built in 2018.
The Lafayette Promenade commercial development, which has been in the works for about five years, is on a 30-acre parcel at the southwest corner of U.S. Highway 287 and Lucerne Drive, adjacent to Erie’s Nine Mile Corner project. Lafayette Promenade is home to retailers such as Kohl’s Corp. (NYSE: KSS) and Les Schwab…
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