The Pulse LFT: Chateaus development purchased by Chicago-based company

02 Sep The Pulse LFT: Chateaus development purchased by Chicago-based company

Posted at 09:29h 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

727 Malapart Rd, Lafayette, LA 70507

Type: Multifamily
Price: $23,435,000 ($209,241 / Unit)
Buyer: SFR KL MS BORROWER I LLC
Elifin’s Notes: Kairos Living, a Chicago-based property management company, purchases The Chateaus, a single family rental home development in Scott.

2010 Kaliste Saloom Rd, Lafayette, LA 70508

Type: Retail
Price: $2,595,972 ($408.81 / SF)
Buyer: FCPT HOLDINGS LLC
Elifin’s Notes: The Carrabba’s location on Kaliste Saloom sells to a California-based property trust.

108 Southpark Rd, Lafayette, LA 70508

Type: Industrial
Price: $2,000,000 ($52.63 / SF)
Buyer: CM PROPERTIES OF LAFAYETTE LLC
Elifin’s Notes: CM Properties of Lafayette acquires an industrial warehouse property near Highway 90.

200BLK Saint Nazaire Rd, Broussard, LA 70518

Type: Land
Price: $650,000 ($10.68 / Land SF)
Buyer: GOLDEN STAR PROPERTIES LLC
Elifin’s Notes: A vacant commercial parcel sells along Saint Nazaire Road in Broussard.

202 Toledo Dr, Lafayette, LA 70506

Type: Industrial
Price: $590,000 ($108.14 / SF)
Buyer: STUART BILLEAUD PROPERTIES LLC
Elifin’s Notes: An industrial flex property off of Bertrand Drive sells to Stuart Billeaud Properties.

117, 119 W Convent St, Lafayette, LA 70501

Type: Office
Price: $475,000 ($164.70 / SF)
Buyer: FIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE
Elifin’s Notes: The First Baptist Church of Lafayette purchases an office building along with the adjacent vacant lot at the corner of West Convent Street and South Buchanan Street.

500BLK Renaud Dr, Lafayette, LA 70507

Type: Land
Price: $450,000 ($1.02 / Land SF)
Buyer: RENAUD PLACE TOWNHOMES LP
Elifin’s Notes: A 10.1+ acre parcel of vacant land sells to Renaud Place Townhomes LP.

1017 Lafayette St (Unit B), Lafayette, LA 70501

Type: Office
Price: $215,000 ($162.08 / SF)
Buyer: LEJEUNE MAYEUX PROPERTIES LLC
Elifin’s Notes: An office condominium unit sells in Downtown Lafayette, one block away from the Lafayette Parish Courthouse.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
100 ARNOULD BLVD	Addition / Alteration / Repair (C) $0	recover roof system	[O] N/A [C] N/A
1706 eraste landry #200	Addition / Alteration / Repair (C) $0	RENOVATION TO MAKE NEW BREAK ROOM	[O] Michael Galasso [C] N/A
2007 NW EVANGELINE THWY	Addition / Alteration / Repair (C) $0	Existing merchantile space with existing tenat is being reduce in size and new tenant space is being created with remainder for Mechantile	[O] N/A [C] N/A
221 RUE DE JEAN	Addition / Alteration / Repair (C) $0	Tenant renovation in existing office building	[O] N/A [C] N/A
6101 JOHNSTON ST	Addition / Alteration / Repair (C) $0	The work primarily consist of HVAC unit replacements, electrical upgrades, and minor Architectural repairs.	[O] N/A [C] N/A
120 RUE LOUIS XIV, BLDG 2	Addition / Alteration / Repair (C) $0	THE PROJECT SCOPE INCLUDES THE INTERIOR RENOVATION FOR A NEW RESTROOM WITHIN THE EXISTING CLINIC TO ACCOMODATE THE NEEDS FOR THE CLINIC.	[O] SOUTHERN UROLOGY GROUP, LLC , Mark Eldredge [C] N/A
201 W SAUL DR	Addition / Alteration / Repair (C) $0	PARKING LOT	[O] N/A [C] N/A
292 Mecca St.	Culvert/Right of Way(C) $0	Subsurface	[O] N/A [C] N/A
303 Chemin Metarie Rd	Culvert/Right of Way(C) $0	SUBSURFACE AND CHANGE OUT DRIVEWAYS	[O] N/A [C] N/A
406 HERBERT RD	Electrical Standalone (C) $0	Service Change Out. Replacing a 4 meter bank center.	[O] N/A [C] N/A
923 HARDING ST	Electrical Standalone (C) $0	I have my temporary CO but was told I need an electrical inspection. All that is needed is for the lights and A/C to be on so I can show the property as the leasing agent.	[O] N/A [C] N/A
300 I-B ST	Generator (C) $0	Gas line for generator	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
128 CURRAN LN	Mechanical Standalone (C) $0	Install new 15-ton package unit to facility.	[O] N/A [C] AIR PLUS L.L.C., LYLE GUIDRY
235 DOUCET RD	Mechanical Standalone (C) $0	Replace three existing 5 ton condensing units. Install two new dehumidifiers. Repair existing kitchen duct work. Install new Daikin split system DOAS unit to help put the building back into a positive pressure. Add receptacles/GFCIs, install light fixtures & fans, install switches & dimmers	[O] N/A [C] JH REFRIGERATION LLC ALL TEMP REFRIGERATION, RYAN JAEGER
204 S WILLIAM DR	Plumbing Standalone (C) $0	Gas test.	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
2807 KALISTE SALOOM RD	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
2865 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
2310 W PINHOOK RD	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
121 MATRIX LOOP	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
2851 JOHNSTON ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
1300 CAMELLIA BLVD	Sign – Wall Sign (C) $0	N/A	[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.

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