The Pulse LFT: Wright Group buys industrial property for 5.5mm

19 May The Pulse LFT: Wright Group buys industrial property for 5.5mm

Posted at 10:23h 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

520 Beau Pre Rd, Lafayette, LA 70508

Type: Industrial
Price: $5,500,000 ($150.09 / SF)
Buyer: TWG SERVICING COMPANY INC
Elifin’s Notes: The Wright Group purchases an industrial-flex property in the Pilette area

101 Oil Patch Rd, Broussard, LA 70518

Type: Industrial
Price: $2,800,000 ($233.33 / SF)
Buyer: MCSTORAGE MINI LP
Elifin’s Notes: A newly constructed industrial warehouse property sells within the Garber Industrial Park.

105 Bolton St, Lafayette, LA 70508

Type: Industrial
Price: $395,000 ($53.74 / SF)
Buyer: NKE PROPERTIES LLC
Elifin’s Notes: NKE Properties LLC acquires an industrial warehouse property off of East Verot School Road on Bolton Road.

2700 Youngsville Hwy, Youngsville, LA 70592

Type: Industrial
Price: $300,000 ($50.00 / SF)
Buyer: STARR INVESTMENT PROPERTIES LLC
Elifin’s Notes: An RV and boat storage facility property changes ownership on Youngsville Highway.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
101 W VERMILION ST	Reroof (C) $541,797	Replacement of the roofing system and skylight.	[O] N/A [C] Supreme Roofing & Construction, LLC, Ray Jaron Palmer
100 DASSAS ST	Commercial New Construction $107,000	ICE VENDING MACHINE	[O] N/A [C] N/A
1410 W PINHOOK RD	Addition / Alteration / Repair (C) $5,000	New windows installation	[O] N/A [C] N/A
2516 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	THIS IS AN EXISTING RAISING CANE’S RESTAURANT RECEIVING A REMODEL. NO CHANGE IN EXISTING USE OR OCCUPANCY. WORK CONSISTS PRIMARILY OF THE FOLLOWING: DEMOLITION: MINOR EXTERIOR DEMOLITION FOR FACADE IMPROVEMENTS, EXISTING EXTERIOR AWNINGS, LIGHTING, AND MINOR ROOFING WORK, EXISTING DINING ROOM FURNITURE, FINISHES, MILLWORK AND LIGHTING FIXTURES, EXISTING RESTROOM FIXTURES, ACCESSORIES, FINISHES, AND DOORS. NEW WORK: MINOR EXTERIOR FACADE UPDATES AT BUILDING TOWERS, PAINT, NEW EXTERIOR AWNINGS, LIGHTING, AND MINOR ROOFING WORK, NEW DINING ROOM FURNITURE, FINISHES, MILLWORK AND LIGHTING FIXTURES, NEW RESTROOM FIXTURES, ACCESSORIES, FINISHES, AND DOORS, ALL NEW PLUMBING WORK TO BE CONNECTED TO EXISTING SUPPLY, WASTE AND VENT LINES, ALL NEW ELECTRICAL WORK TO BE CONNECTED TO EXISTING ELECTRICAL PANELS, MINOR KITCHEN EQUIPMENT REPLACEMENT	[O] N/A [C] N/A
1105 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	Removal of Locker Room to add new EP Lab and Equipment Storage.	[O] N/A [C] Kent Design Build, Brennan Kent
1701 N UNIVERSITY AVE	Addition / Alteration / Repair (C) $0	INSTALLING A NEW 20,000 GAL DW FRP UST FOR B99/B100 PRODUCT STORAGE, INSTALLING (TWO) 2 HP SUBMERSIBLE PUMPS IN THAT NEW UST, TO SUPPLY B99/B100 TO A NEW BLENDING CABINET LOCATED ADJACENT THE EXISTING DIESEL USTS. ADD SUMPS SENSORS IN THE NEW SUMPS. INSTALL TWO NEW TRANSITIONAL SUMPS AT THE INLINE BLENDING CABINET. INSTALL NEW ELECTRICAL BREAKERS WITHIN A NEW EXTERIOR ELECTRICAL PANEL LOCATED ADJACENT THE BLENDING CABINET. CONNECT THE NEW UST AND BLENDING CABINET INTO THE EXISTING VEEDER ROOT PANEL (TLS-450PLUS) FOR CONTROLS AND MONITORING. INSTALL NEW B99/B100 FEED LINE FROM UST TO BLENDING CABINET, 2″ IN 3″ DW FRP LINE. INSTALL NEW 2″ IN 3″ DW FRP LINE TO AND FROM THE NEW B99/B100 UST FOR A RECIRCULATION HEATING SYSTEM. TIE INTO EXISTING DIESEL LINES FROM CABINET WITH NEW 3″ LCX DW FRP LINES TO EXISTING 3″ LCX DW FRP PIPING. ALL COMPONENTS TO BE COMPATIBLE WITH THE PRODUCT BEING STORED OR DELIVERED THROUGH.	[O] N/A [C] N/A
1921 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	Light Renovation, Paint, and Adding Carpet. Suite 110A	[O] N/A [C] N/A
1008 E SAINT MARY BLVD	Addition / Alteration / Repair (C) $0	Build three adjoining office spaces with free standing walls in the center of an existing room. each office will have one door, one window and four recepticles.	[O] N/A [C] DMC Construction LLC, Brandon yelverton
801 MUDD AVE	Addition / Alteration / Repair (C) $0	This is an existing school receiving a minor renovation to add a vestibule to secure the entrance, np additional sf is being added to the building, no change of use.	[O] N/A [C] N/A
552 RENAUD DR # A	Electrical Standalone (C) $0	N/A	[O] COX COMMUNICARTIONS [C] N/A
210 W BROUSSARD RD # B	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
105 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #272, building #13	[O] N/A [C] N/A
103 WESTWOOD DR	Electrical Standalone (C) $0	Change out electrical panel in Apt. #242, building #7	[O] N/A [C] N/A
301 RAYBURN ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #684, building #40	[O] N/A [C] N/A
2925 MILLS ST	Electrical Standalone (C) $0	POLE FOR PARK	[O] N/A [C] N/A
927 HARDING ST	Electrical Standalone (C) $0	GENERAL TO GET UTILITIES ON	[O] N/A [C] N/A
805 RUE DU BELIER	Electrical Standalone (C) $0	There should be an open wall for a storage building that is behind the structure. It is going to require an electrical and building open wall and an electrical and building final. contractor has been informed. LUS METER #E1249226.. ADDING OUTLETS AND LIGHT FIXTURE	[O] N/A [C] N/A
310 RAGGIO RD	Electrical Standalone (C) $0	N/A	[O] N/A [C] N/A
615 MADISON ST	Electrical Standalone (C) $0	I am applying for a permit to have a residential electrical inspection done on the property before I move in. The utilities have been off for more than six months.	[O] N/A [C] N/A
2822 W GLORIA SWITCH RD	Electrical Standalone (C) $0	GENERAL TO GET UTILITIES ON	[O] N/A [C] N/A
530 W PINHOOK RD	Mechanical Standalone (C) $0	CHANGE OUT	[O] N/A [C] SOUTHERN GULF HEATING & COOLING LLC, CLAYTON VIATOR
6136 JOHNSTON ST	Mechanical Standalone (C) $0	Changeout of rooftop refrigeration condensers	[O] N/A [C] THE ARCTICOM GROUP REFRIGERATION, MILLARD LEE CAULDER
2421 W. CONGRESS STREET	Plumbing Standalone (C) $0	Replaced Backflow preventer on irrigation at the RaceTrac. I GOOGLE ADDRESS AND THERE IS A 2421 W CONGRESS FOR RACETRAC	[O] N/A [C] BERNHARD MCC, DARYL GAUDET
3236 NE EVANGELINE THWY	Plumbing Standalone (C) $0	Changed out backflow	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
210 CAMEL DR	Plumbing Standalone (C) $0	N/A	[O] HOUSING AUTHORITY [C] KEN GUIDRY PLUMBING LLC, KENNETH GUIDRY
106 RASPBERRY LN # A	Plumbing Standalone (C) $0	Water service for sewer lift station.	[O] N/A [C] C G LOGAN CONSTRUCTION, KENT RICHE
1310 E BROUSSARD RD # M	Plumbing Standalone (C) $0	Water service for sewer lift station.	[O] N/A [C] C G LOGAN CONSTRUCTION, KENT RICHE
100 CESCO DR	Plumbing Standalone (C) $0	Backflow swap out	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
201 CAMELLIA BLVD	Plumbing Standalone (C) $0	Install new fire and bypass Backflow preventer	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
203 SHANNON RD	Plumbing Standalone (C) $0	Replacement of backflow for sprinkler system	[O] N/A [C] FRED’S PLUMBING & AIR CONDITIONING INC, NICK THERIOT
3747 AMBASSADOR CAFFERY PKWY # B	Plumbing Standalone (C) $0	Replaced backflow	[O] N/A [C] PREFERRED PLUMBING AND MECHANICAL, LLP, JACOB GRAHAM
804 MARTIN LUTHER KING JR DR	Plumbing Standalone (C) $0	gas permit for left side of building K.	[O] N/A [C] AUCOIN’S PLUMBING SERVICES LLC, DEREK AUCOIN
4301 AMBASSADOR CAFFERY PKWY	Plumbing Standalone (C) $0	We will be removing old water heaters and installing the new water heater	[O] N/A [C] PLATINUM PLUMBING REPAIRS LLC, MARVIN ELLIS
803 BERTRAND DR	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
4415 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
5606 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
301 E WILLOW ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] LA SIGNS and GRAPHICS, QAIS TELFAH

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

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