16 Mar The Pulse LFT: New Orleans developer acquires property for new Chipotle

Posted at 09:28h 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

3220 Johnston St, Lafayette, LA 70503

Type: Retail
Price: $800,000 ($111.79 / SF)
Buyer: PERARD JOHNSTON LLC
Elifin’s Notes: A New Orleans-based developer, with plans to demolish the existing structure to make way for a new Chipotle location, purchases this retail property.

5001 Hwy 90 E, Broussard, LA 70518

Type: Industrial
Price: $600,000 ($102.56 / SF)
Buyer: SHEP WAT PROPERTIES LLC
Elifin’s Notes: An industrial property changes hands on Highway 90 East.

412 High Meadows Blvd, Lafayette, LA 70507

Type: Industrial
Price: $250,000 ($60.98 / SF)
Buyer: COMEAUX, DOUGLAS
Elifin’s Notes: An industrial property changes ownership on High Meadows Boulevard.

7100 Blk W Congress St, Duson, LA 70529

Type: Land
Price: $250,000 ($0.21 / Land SF)
Buyer: C&S PRODUCTIONS LLC
Elifin’s Notes: A 27+ acre parcel of land sells on West Congress Street.

4521 Moss St, Lafayette, LA 70507

Type: Land
Price: $150,000 ($1.13 / Land SF)
Buyer: THERIOT, ANTHONY TROY
Elifin’s Notes: A 3+ acre parcel of commercial land sells on Moss Street.

226 Wall St, Lafayette, LA 70506

Type: Industrial
Price: $140,000 ($52.28 / SF)
Buyer: YOUNG, GEORGE R JR
Elifin’s Notes: A New-Orleans based investor acquires an industrial property at the corner of Wall and Georgette Streets.

107 Glynn Abel Dr, Lafayette, LA 70506

Type: Specialty
Price: $111,325 ($22.26 / SF)
Buyer: ETA NU ALUMNI CORPORATION
Elifin’s Notes: Former Sigma Nu Alumni purchase their fraternity house from the University.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1472 S COLLEGE RD	Reroof (C) $127600	N/A	[O] IAN J JOHN [C] Pellerin & Wallace Inc., Donald J. Pellerin
4654 JOHNSTON ST	Demo (C) $20000	N/A	[O] N/A [C] My Trang Nguyen
3810 Ambassador Caffery Pkwy, Suite 500 & 600	Addition / Alteration / Repair (C) $0	WELLNESS SPA -TENANT IMPROVEMENT OF AN EXISTING TENANT SPACE. WORK TO INCLUDE EXTERIOR SIGNAGE, NON-BEARING INTERIOR PARTITIONS, ACCESSIBLE RESTROOMS, MILLWORK, PLUMBING, MECHANICAL, AND ELECTRICAL DISTRIBUTION. NEW FINISHES THROUGHOUT.	[O] N/A [C] N/A
601 LOIRE STREET BUILDING 1 and BUILDING 2	Addition / Alteration / Repair (C) $0	TO RENOVATE BLDG 1 and BLDG 2(SUITES A AND B) FROM COMMERCIAL OFFICE SPACE TO RESIDENTIAL MULTIFAMILY UNITS. DEMOLITION WILL BE INVOLVED IN THE TRANSFORMATION OF THE UNITS . EACH UNIT WILL BE 2 BEDROOMS AND 1.5 BATHROOMS WITH LIVING ROOM, KITCHEN ON FIRST LEVEL AND BEDROOMS ON THE SECOND LEVEL	[O] N/A [C] Turner & Turner Contracting, LLC, Al Henry Turner
4654 JOHNSTON ST	Addition / Alteration / Repair (C) $0	This project involves minor interior renovations to prepare the existing building for use as a nail salon. Work will include installing new flooring, installing and finishing new sheetrock, and painting interior walls. Licensed plumbing and electrical contractors will be hired to perform all required utility work. Plumbing work will include installing four hot and cold water supply lines for pedicure chairs. Electrical work will include installing outlets and connections necessary to supply power to the pedicure chairs and salon equipment.	[O] N/A [C] N/A
807 S BUCHANAN ST	Addition / Alteration / Repair (C) $0	Stairwell repairs to the existing stairwells on the Buchanan Street Parking Garage. Work includes but is not limited to: removal of existing finishes and window system, new roof, new exterior finish, new interior finish, paint, address structural decay, new doors, new MEP. Existing stairs, floors, and railings to remain.	[O] N/A [C] Bulliard Construction, Berkman Manual
1921 Kaliste Saloom, Ste 101 & 102	Addition / Alteration / Repair (C) $0	Interior tenant alteration. Remove previous interior construction of non-bearing partitions, ceilings, lighting, electrical, mechanical, finishes. New non-bearing partitions, doors, drop ceilings, lighting, mechanical distribution, electrical devices, furniture, finishes.	[O] N/A [C] N/A
615 RUE DU BELIER	Addition / Alteration / Repair (C) $0	Move existing building from property on Lafayette airport land to 615 Rue Du Belier.	[O] N/A [C] N/A
112 Doucet Road	Addition / Alteration / Repair (C) $0	2 commercial Tenant units on the first floor, 2 condo units on the second floor with on-site parking. This property has 2 developments 1 multi-family facing Mayard, One multi use facing facing Doucet Road. The entry driveway is on Mayard Drive.	[O] Doucet Commons, LLC, Richard Brauns [C] Phil Stoma
200 OAK CREST DR	Addition / Alteration / Repair (C) $0	Replace Drywall, cabinets, Plumbing fixtures and drain pipe in slab, Hvac and upgrade Electrical.	[O] N/A [C] Genesis Apartments
200 OAK CREST DR	Addition / Alteration / Repair (C) $0	Replace Drywall, Cabinets, Floor covering, Plumbing Fixture and drain lines, HVAC and repair Electrical.	[O] N/A [C] N/A
200 OAK CREST DR	Addition / Alteration / Repair (C) $0	Replace Drywall, Cabinets, Floor covering, Plumbing Fixture and drain lines, HVAC and repair Electrical.	[O] N/A [C] Acadiana Construction Group LLC., Grady Reddy
1340 S RICHFIELD RD	Commercial New Construction $0	Provide a new Office building for administration personnel and renovate the existing Warehouse Building for use as a Warehouse along with Field Staff Locker, Restroom and Training facility.	[O] N/A [C] Rudick Co., Hunter Mckay
3201 KALISTE SALOOM RD	Electrical Standalone (C) $0	Meter/Panel changeout	[O] N/A [C] N/A
200 BUTTERCUP DR	Electrical Standalone (C) $0	OFF MORE THAN 6MTHS	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #586, building #40	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #626, building #31	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #057, building #38	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #675, building #37	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #515, building #32	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #824, building #22	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #825, building #21	[O] N/A [C] N/A
105 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #171, building #13	[O] N/A [C] N/A
102 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #437, building #30	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #876, building #16	[O] N/A [C] N/A
600 ROSELAWN BLVD	Electrical Standalone (C) $0	JOB SHACK TEMP POWER. John Broyles directed JBM to fill out standalone permit for job shak. Existing Civil Permit : 2025-4575	[O] N/A [C] N/A
2520 AMBASSADOR CAFFERY PKWY	Electrical Standalone (C) $0	Connect Mobile home to panel	[O] N/A [C] N/A
215 N GIROUARD RD	Electrical Standalone (C) $0	power pole feeding mobile home fell due to pole rot	[O] N/A [C] N/A
406 MARIGNY CIR	Electrical Standalone (C) $0	Service Repair The electricity meter has been pulled for a while: Need to get power back on. UNIT D We are doing an inspection on the unit to repair anything needed.	[O] N/A [C] N/A
304 BELFAST ST	Electrical Standalone (C) $0	New 200 amp electrical three phase 480 volt service. for a existing sewer treatment plant. slemco powered. Underground service	[O] N/A [C] N/A
705 E BLUEBIRD DR	Electrical Standalone (C) $0	House Meter-Location has been tagged with #5	[O] N/A [C] N/A
705 E BLUEBIRD DR	Electrical Standalone (C) $0	House Meter-Location has been tagged #11	[O] N/A [C] N/A
2620 SW EVANGELINE THWY	Electrical Standalone (C) $0	Making repairs to existing electrical service on billboard sign.	[O] N/A [C] N/A
1406 NE EVANGELINE THWY	Electrical Standalone (C) $0	Updating electrical service on billboard sign.	[O] N/A [C] N/A
1006 RUE BON SECOURS	Electrical Standalone (C) $0	N/A	[O] COX , RANDY QUEBODEAUX [C] N/A
119 TUCKER DR	Plumbing Standalone (C) $0	Replace bad backflow.	[O] N/A [C] HARGRAVE’S PLUMBING LLC, TRAVIS HARGRAVE
1800 NE EVANGELINE THWY	Plumbing Standalone (C) $0	GENERAL FOR WATER	[O] Blezz Handz LLC, Fanchon Broussard [C] Blezz Handz LLC, Fanchon Broussard
312 I-B ST	Plumbing Standalone (C) $0	Installing gas line to emergency generator used for university underpass lift-station. Part of University Roadwork DOTD project.	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
318 GUILBEAU RD	Plumbing Standalone (C) $0	SEWER LINE REPAIR UNDER SLAB	[O] PEOPLES HEALTH [C] ADVANCE PLUMBING CONTRACTORS, ROBERT FRUCHYNICHT
1911 W CONGRESS ST	Plumbing Standalone (C) $0	backflow preventor	[O] HIEP NGUYEN FAMILY DENTISTRY, HIEP NGUYEN [C] SHANNONS PLUMBING SERVICE, JOHN “SHANNON” MAY
940 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	Replace 2 backflow preventers	[O] N/A [C] NEXT PLUMBING LLC, BLAIR GOULAS
2302 AMBASSADOR CAFFERY PKWY	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] N/A
105 ENGLEWOOD DR	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
3004 CAMERON ST	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] Deep South Signs LLC, Morgan Bruce Descant
3004 CAMERON ST	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] Deep South Signs LLC, Morgan Bruce Descant
104 E KALISTE SALOOM RD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] TTA Services LLC dba Thunderbolt Signs, Eugene Bagot
104 E KALISTE SALOOM RD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] TTA Services LLC dba Thunderbolt Signs, Eugene Bagot
104 E KALISTE SALOOM RD	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] TTA Services LLC dba Thunderbolt Signs, Eugene Bagot

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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