The Pulse LFT: AMG office tower sells to Acadiana Management Group

13 Nov The Pulse LFT: AMG office tower sells to Acadiana Management Group

Posted at 09:24h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

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

Commercial Sales Recorded Last Week

101 La Rue France

Type: Office
Price: $2,200,000 ($48.94 / SF)
Buyer: AMG TOWER LLC
Elifin’s Notes: Acadiana Management Group acquires the AMG office tower in which they are the primary tenant located near the corner of West Pinhook Road and La Rue France alongside the Vermilion River

301 E Bluebird Dr

Type: Land
Price: $2,168,319 ($11.48 / Land SF)
Buyer: LOS LAND LLC
Elifin’s Notes: 4.3+ acres of vacant commercial land located along East Bluebird Drive sells to a group of local investors

210 Guilbeau Rd

Type: Retail
Price: $850,000 ($80.04 / SF)
Buyer: RIM PROS OF LAFAYETTE LLC
Elifin’s Notes: Rim Pros of Lafayette purchase the two buildings in which they currently occupy along Guilbeau Road between Johston Street & West Congress Street

2600 Ambassador Caffery Pkwy

Type: Mixed-Use
Price: $620,000 ($38.37 / SF)
Buyer: GB INVESTMENTS LA LLC
Elifin’s Notes: Local investors purchase two lots of land within an existing parcel along Ambassador Caffery Parkway combining to contain two industrial buildings on a total of 1.8+ acres of land

4401 Johnston St

Type: Land
Price: $605,000 ($12.40 / Land SF)
Buyer: DOISE PROPERTIES LLC
Elifin’s Notes: Local investor purchases an 1.1+ acre parcel of vacant commercial land at the corner of Johnston Street and Rena Drive

3406 W Pinhook Rd

Type: Land
Price: $120,000 ($5.80 / Land SF)
Buyer: ALSAMMOUR, SULEIMAN KAMAL SALIM
Elifin’s Notes: Local investor purchases an 0.4+ acre parcel of vacant commercial land near the intersection of West Pinhook Road and the Youngsville Highway

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3725 KALISTE SALOOM RD #A	Commercial New Construction $3,000.00	Flock Safety and the Lafayette Police Department propose to place five (5) solar-powered automatic license plate reader (ALPR) cameras in the City of Lafayette right-of-way in the interest of public safety.	[O] N/A [C] Flock Safety, Carla Womick
4741 W CONGRESS ST #A	Commercial New Construction $3,000.00	Flock Safety and the Lafayette Police Department propose to place five (5) solar-powered automatic license plate reader (ALPR) cameras in the City of Lafayette right-of-way in the interest of public safety.	[O] N/A [C] Flock Safety, Carla Womick
811 GUILBEAU RD #A	Commercial New Construction $3,000.00	Flock Safety and the Lafayette Police Department propose to place five (5) solar-powered automatic license plate reader (ALPR) cameras in the City of Lafayette right-of-way in the interest of public safety.	[O] N/A [C] Flock Safety, Carla Womick
1537 DULLES DR #A	Commercial New Construction $3,000.00	Flock Safety and the Lafayette Police Department propose to place five (5) solar-powered automatic license plate reader (ALPR) cameras in the City of Lafayette right-of-way in the interest of public safety.	[O] N/A [C] Flock Safety, Carla Womick
2111 NW EVANGELINE THWY	Sign – Wall Sign (C) $1,194.00	N/A	[O] N/A [C] RAYNE PLASTIC SIGNS, INC., Kevin J. Meche
201 JEFFERSON ST	Addition / Alteration / Repair (C) $0.00	Interior renovations.	[O] N/A [C] N/A
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
536 SETTLERS TRACE BLVD	Addition / Alteration / Repair (C) $0.00	This permit is for a new apartment complex accessory structure, (8) car covered parking. This permit is for total number of 13 Carports.	[O] N/A [C] Stoa Construction, LLC, Haley Jara
200 CORPORATE BLVD	Addition / Alteration / Repair (C) $0.00	Interior Renovations to North and West wings	[O] N/A [C] N/A
100 LEON DR	Addition / Alteration / Repair (C) $0.00	Grading, concrete work and erection of metal pavilion	[O] N/A [C] N/A
610 E BUTCHER SWITCH RD	Addition / Alteration / Repair (C) $0.00	Grading, concrete work and erection of metal pavilion	[O] N/A [C] N/A
1324 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0.00	Renovation and reuse of an existing building for a new medical office building. complete interior build-out. Replacement of exterior wall panels, new exterior front facade, canopies and openings. new parking, driveway sand front dropoff area. Reuse of and new plumbing and HVAC systems, Reuse of electrical service with new electrical components. Connection to city water system required.	[O] N/A [C] N/A
301 E VERMILION ST	Addition / Alteration / Repair (C) $0.00	Demolition and reconstruction of exterior perimeter walls.	[O] N/A [C] N/A
300 ACADIAN HILLS LN	Commercial New Construction $0.00	This project involves a new 50,152 square-foot, two-story tilt wall building for use as a middle school. The application is associated with project number 2023-4396.	[O] N/A [C] N/A
536 Settlers Trace Blvd	Commercial New Construction $0.00	This is new construction for an apartment community. This permit for the MAIN ARBOR at the pool.	[O] The Waters at Settlers Trace, LLC, Toby Easterly [C] N/A
255 TOUCHET ROAD	Commercial New Construction $0.00	New construction	[O] LEGACY COOLING & HEATING, Steven Laverne [C] N/A
Willow Street	Commercial New Construction $0.00	4 story, 95 rooms hotel. Outdoor pool. Type 5A construction. Type R-1 occupancy.	[O] Nayan Patel [C] N/A
1720 SAINT ETIENNE RD	Electrical Standalone (C) $0.00	REPLACING EXISTING ELECTRICAL SERVICE	[O] N/A [C] N/A
3524 KALISTE SALOOM RD	Electrical Standalone (C) $0.00	MEDICAL SPA	[O] N/A [C] N/A
630 BROTHERS RD	Electrical Standalone (C) $0.00	Changing out the pole and panel on the pole.	[O] N/A [C] N/A
630 BROTHERS RD	Electrical Standalone (C) $0.00	Changing out the pole and panel on the pole. Lot #75	[O] N/A [C] N/A
111 MARCON DR	Electrical Standalone (C) $0.00	GENERAL TO GET UTILITIES ON ENTERGY”	[O] N/A [C] N/A
1708 TWELFTH ST	Electrical Standalone (C) $0.00	Meter Swap	[O] N/A [C] N/A
250 COURET DR	Electrical Standalone (C) $0.00	Replacing damaged meter enclosure located at moore park. Meter enclosure is on the exterior wall of the restroom near the soccer fields.	[O] N/A [C] N/A
2727 KALISTE SALOOM RD	Plumbing Standalone (C) $0.00	BACKFLOW	[O] N/A [C] N/A
925 CENTER ST	Plumbing Standalone (C) $0.00	GAS TEST	[O] N/A [C] N/A
500 JEFFERSON ST #C	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
2111 NW EVANGELINE THWY	Sign – Freestanding Electrical (C) 5008	N/A	[O] N/A [C] N/A
109 GENERAL MOUTON AVE	Plumbing Standalone (C) 0	GAS TEST	[O] N/A [C] N/A

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