Chateaus development purchased by Chicago-based company
The September 2, 2024 issue covers eight commercial sales recorded across Lafayette the previous week, totaling $30.4M in disclosed volume. The headline deal: SFR KL MS BORROWER I LLC, Kairos Living, a Chicago-based property management company, paid $23.4M ($209,241/unit) for The Chateaus, a single-family rental home development in Scott. Industrial, land and office properties each accounted for two of the eight sales, as the Carrabba's on Kaliste Saloom Road sold to a California-based property trust for $2.6M and CM Properties of Lafayette acquired an industrial warehouse near Highway 90 for $2M.
Commercial Sales Recorded Last Week 8 sales

727 Malapart Rd
$23,435,000 $209,241 / unit
Kairos Living, a Chicago-based property management company, purchases The Chateaus, a single family rental home development in Scott.
BuyerSFR KL MS BORROWER I LLC

2010 Kaliste Saloom Rd
$2,595,972 $408.81 / SF
The Carrabba's location on Kaliste Saloom sells to a California-based property trust.
BuyerFCPT HOLDINGS LLC

108 Southpark Rd
$2,000,000 $52.63 / SF
CM Properties of Lafayette acquires an industrial warehouse property near Highway 90.
BuyerCM PROPERTIES OF LAFAYETTE LLC

200BLK Saint Nazaire Rd
$650,000 $10.68 / Land SF
A vacant commercial parcel sells along Saint Nazaire Road in Broussard.
BuyerGOLDEN STAR PROPERTIES LLC

202 Toledo Dr
$590,000 $108.14 / SF
An industrial flex property off of Bertrand Drive sells to Stuart Billeaud Properties.
BuyerSTUART BILLEAUD PROPERTIES LLC

117, 119 W Convent St
$475,000 $164.70 / SF
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.
BuyerFIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE

500BLK Renaud Dr
$450,000 $1.02 / Land SF
A 10.1+ acre parcel of vacant land sells to Renaud Place Townhomes LP.
BuyerRENAUD PLACE TOWNHOMES LP

1017 Lafayette St (Unit B)
$215,000 $162.08 / SF
An office condominium unit sells in Downtown Lafayette, one block away from the Lafayette Parish Courthouse.
BuyerLEJEUNE MAYEUX PROPERTIES LLC
Commercial Permits Issued Last Week 21 permits
| Address | Type | Value | Description | Owner / Applicant / Contractor |
|---|---|---|---|---|
| 100 ARNOULD BLVD | Addition / Alteration / Repair (C) | $0 | recover roof system | O N/AC N/A |
| 1706 eraste landry #200 | Addition / Alteration / Repair (C) | $0 | RENOVATION TO MAKE NEW BREAK ROOM | O Michael GalassoC 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/AC N/A |
| 221 RUE DE JEAN | Addition / Alteration / Repair (C) | $0 | Tenant renovation in existing office building | O N/AC 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/AC 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 EldredgeC N/A |
| 201 W SAUL DR | Addition / Alteration / Repair (C) | $0 | PARKING LOT | O N/AC N/A |
| 292 Mecca St. | Culvert/Right of Way(C) | $0 | Subsurface | O N/AC N/A |
| 303 Chemin Metarie Rd | Culvert/Right of Way(C) | $0 | SUBSURFACE AND CHANGE OUT DRIVEWAYS | O N/AC N/A |
| 406 HERBERT RD | Electrical Standalone (C) | $0 | Service Change Out. Replacing a 4 meter bank center. | O N/AC 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/AC N/A |
| 300 I-B ST | Generator (C) | $0 | Gas line for generator | O N/AC PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM |
| 128 CURRAN LN | Mechanical Standalone (C) | $0 | Install new 15-ton package unit to facility. | O N/AC 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/AC JH REFRIGERATION LLC ALL TEMP REFRIGERATION, RYAN JAEGER |
| 204 S WILLIAM DR | Plumbing Standalone (C) | $0 | Gas test. | O N/AC COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES |
| 2807 KALISTE SALOOM RD | Sign – Freestanding (C) | $0 | N/A | O N/AC N/A |
| 2865 AMBASSADOR CAFFERY PKWY | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 2310 W PINHOOK RD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 121 MATRIX LOOP | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 2851 JOHNSTON ST | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |
| 1300 CAMELLIA BLVD | Sign – Wall Sign (C) | $0 | N/A | O N/AC N/A |