The Pulse LFT: LCTCS purchases office building for 3.5 million

15 Dec The Pulse LFT: LCTCS purchases office building for 3.5 million

Posted at 09:03h 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

324, 330 Dulles Dr, Lafayette, LA 70506

Type: Office
Price: $3,592,200 ($132.17 / SF)
Buyer: LOUISIANA COMMUNITY & TECHNICAL COLLEGE SYSTEM
Elifin’s Notes: Louisiana Community & Technical College purchases an office property along with a parcel of land on Dulles Drive.

402 Machine Loop, Scott, LA 70583

Type: Industrial
Price: $570,000 ($67.38 / SF)
Buyer: 402 MACHINE LOOP LLC
Elifin’s Notes: An industrial property changes hands on Machine Loop.

115, 117, 119, 121, 123 Leonie St, Lafayette, LA 70506

Type: Retail
Price: $375,000 ($64.66 / SF)
Buyer: H&H DEVELOPMENT LLC
Elifin’s Notes: H & H Development LLC acquires a multi-unit retail property on Leonie Street.

100 B Burgess Dr, Broussard, LA 70518

Type: Industrial
Price: $350,000 ($43.75 / SF)
Buyer: SCHOOL TIME & ATHLETIC SILK SCREENING LLC
Elifin’s Notes: School Time & Athletic Silk Screening LLC acquires an industrial showroom property on Burgress Drive.

1100 S College Rd, Lafayette, LA 70503

Type: Office
Price: $270,000 ($132.48 / SF)
Buyer: HUGGINS, REBEKAH RACHEL
Elifin’s Notes: A former dental office sells near Lafayette General.

403 E Main St (Unit 102), Broussard, LA 70518

Type: Retail
Price: $218,500 ($261.05 / SF)
Buyer: BLSL HOLDINGS LLC
Elifin’s Notes: BLSL Holdings LLC purchases a retail unit in Broussard.

103 Rue Du Pain, Broussard, LA 70518

Type: Industrial
Price: $215,000 ($57.24 / SF)
Buyer: PIERCES FIBERGLASS SERVICES LLC
Elifin’s Notes: Pierce’s Fiberglass Services LLC acquires an industrial property on Rue Du Pain.

5530 Johnston St, Lafayette, LA 70503

Type: Retail
Price: Withheld
Buyer: J B LEVERT LAND COMPANY LLC
Elifin’s Notes: JB Levert Land Company LLC acquires a multi-unit retail property on Johnston Street.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
2707 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $49700	Remove wall paneling/sheetrock on affected walls. Remove floor tiles in dishwasher area only. Remove wall electrical as needed. Remove PVC plumbing drain lines prior to stud replacement R&R rusted studs. Install quarry tiles with an appropriate thinset and grout. Install a waterproofing apron along the affected wall to block water from penetrating the cavity in the future. Install wall paneling, electrical switches/outlets and plumbing connections. Removing and resetting commercial dish washing table Install sheetrock and FRP board/trim. Remove brick wall on the exterior and install new plywood and drywall. Install new brick ties. Rebrick wall and mortar.	[O] N/A [C] Hiatt Home Solutions, LLC
109 JANE DR	Addition / Alteration / Repair (C) $30000	List of items in renovation 1. New flooring 2. Paint 3. Counter tops 4. Drainage 5. Yard and green space	[O] N/A [C] N/A
105 SAINT LANDRY ST	Reroof (C) $11400	• Removal of Existing Roofing: Remove approximately 1,200 square feet of existing 26-gauge R-panel metal roofing, including all associated fasteners and components. • Preparation of Roof Surface: Inspect the exposed substrate after removal and ensure it is clean and suitable for installation of new roofing materials. • Installation of New Metal Roofing System: Install new commercial grade R-panel metal roofing over the prepared area, including all required drip edge, flashings, side panels, fasteners, and accessories. All materials will be installed in accordance with manufacturer specifications and industry best practices to ensure a durable, weather-tight system. • Cleanup and Disposal: Remove and properly dispose of all debris generated during the project and leave the work area clean upon completion.	[O] N/A [C] Burford Roofing and Construction LLC
505 JEFFERSON ST	Addition / Alteration / Repair (C) $0	Tenant Interior Improvement	[O] N/A [C] N/A
3806 AMBASSADOR CAFFERY PKWY	Demo (C) $0	N/A	[O] N/A [C] LLOYD D NABORS DEMOLITION LLC, Colton Daniel Nabors
3806 AMBASSADOR CAFFERY PKWY	Demo (C) $0	N/A	[O] N/A [C] Lloyd D. Nabors Demolition, LLC
1000 RENAUD DR	Electrical Standalone (C) $0	Pole change out	[O] N/A [C] N/A
118 SHEPARD DR	Electrical Standalone (C) $0	POLE FOR JOB TRAILER	[O] LAF REGIONAL AIRPORT [C] ERNEST P. BREAUX ELECTRICAL, L.L.C., ERNEST P. BREAUX
526½ EVANGELINE DR	Electrical Standalone (C) $0	Rental apartment	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. #540, building # 34	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in apt. # 637 building # 34	[O] N/A [C] N/A
3121 JOHNSTON ST	Electrical Standalone (C) $0	(Dwelling) Riverstone Apartments Unit 217. Power has been off for approximately 8 months. Please provide an electrical inspection so that power can be turned back on. Key is on top of the front entry light fixture.	[O] N/A [C] N/A
2336 KALISTE SALOOM RD	Mechanical Standalone (C) $0	Replacing (3) HVAC like for like RTU NO Upgrades or ductwork	[O] N/A [C] BGIS INTEGRATED TECHNICAL SERVICES US LLC, ALAN WILSON
4400 JOHNSTON ST	Mechanical Standalone (C) $0	Replacement of Walk-in-cooler and Walk-in-freezer condenser and evaporators with Like equipment.	[O] N/A [C] Ares Holdings, LLC, DAVID GRZECH
133 East Grant Street	Not Set $0	Platform work for Renovation on a train station	[O] N/A [C] N/A
200 DURKE RD	Plumbing Standalone (C) $0	CONNECTING TO CITY WATER FOR PLANT 1	[O] N/A [C] PREJEAN & SONS PLUMBING, THOMAS PREJEAN
200 DURKE RD	Plumbing Standalone (C) $0	CONNECTING TO CITY WATER FOR PLANT 2	[O] N/A [C] PREJEAN & SONS PLUMBING, THOMAS PREJEAN
447 BONIN LA	Plumbing Standalone (C) $0	BACKFLOW NEED TO FIND OUT CORRECT ADDRESS	[O] N/A [C] SUPERIOR PLUMBING SOLUTIONS LLC, JHAICE MENARD
7 OAK GLEN DR	Plumbing Standalone (C) $0	backflow preventor	[O] ANNE DOBIE [C] SHANNONS PLUMBING SERVICE, JOHN “SHANNON” MAY
112 ARABELLA AVE	Plumbing Standalone (C) $0	IRRIGATION FOR PARKS TENIQUE ISSUED NEW ADDRESS 112 ARABELLA #A	[O] N/A [C] SOUTHERN IRRIGATION SERVICES LLC, WILLIAM MATTHEWS
112 WINSLOW BLVD	Plumbing Standalone (C) $0	IRRIGATION FOR PARK TENIQUE ISSUED NEW ADDRESS FROM 90 WINSLOW TO 112 WINSLOW #A	[O] N/A [C] SOUTHERN IRRIGATION SERVICES LLC, WILLIAM MATTHEWS
2234 KALISTE SALOOM RD	Plumbing Standalone (C) $0	Replaced irrigation backflow preventer	[O] N/A [C] TOE KNEE’S PLUMBING REPAIR, ANTHONY CRANFILL
2001 SE EVANGELINE THWY	Plumbing Standalone (C) $0	2-BACKFLOWS	[O] N/A [C] Arnaud’s Management Services, LLC
200 YOUNGSVILLE HWY	Sign – Wall Sign Electrical (C) $0	N/A	[O] N/A [C] Sonnier Sign and Lighting, David Sonnier
1107 AMBASSADOR CAFFERY PKWY	Townhouse (C) $0	Townhouse development townhouse building and site improvement associated with separately submitted office/main pavilion and lawn maintenance shed portions of the development.	[O] N/A [C] DSLD, Tommy Sloan

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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