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Michael Guidicelli
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I'll be at the NYSE ringing the bell this morning 9:20am, live stream: http://livestream.com/nyse #sior 75th Celebration

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Regions Commercial Completes Medical Office Building Sale in Avon, CT for $1,410,000
 
Michael Guidicelli, CCIM, SIOR of Regions Commercial, LLC recently completed the sale of a 15,060 SF, 100% occupied, multi-tenant, medical office building at 35 Tower Lane, Avon, CT anchored by Hartford Hospital.  Regions Commercial, LLC represented the Landlord, Icarus IV, LLC and an undisclosed Buyer, in this $1,410,000 transaction.
What makes this transaction particularly exciting is that this is the second time in 3 years that Michael Guidicelli, CCIM, SIOR has sold 35 Tower Lane.  In the first transaction, Mr. Guidicelli sold the property to Icarus, IV, LLC for $700,000 as a value-added investment property and Regions Commercial was subsequently engaged to secure tenants.  At the time of the first sale, the building was about 25% occupied.  Since then, Mr. Guidicelli has placed 9 new tenants on long-term leases, including the latest anchor tenant, Hartford Hospital, who signed 30 days prior and is scheduled to open September 1, 2016.  This latest transaction further substantiates Michael’s aptitude and skilled expertise in creating wealth through investment real estate starting from property acquisition, to procuring and negotiating with tenants, through property disposition.
For additional details on this property, to learn how to leverage the Regions Commercial approach to benefit you in the sale or leasing of your commercial investment real estate, or to discuss joining our growing team, please contact us today at 860.854.6500 and ask for Michael Guidicelli or via email at Michael@RegionsCommercial.com
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The CT Commercial Real Estate Alliance and UCONN's Center for Real Estate held their 25th annual real estate conference yesterday at the Marriott Hotel Downtown Hartford.  Among the highlights were John Glascock, PhD and Nick Perna presenting national, regional, and local economic updates.  A panel discussion on the Office, Retail, and Industrial segments of the CT commercial real estate market followed moderated by Wayne D'Amico, CCIM with the following panelists: Office- Jay Wamester, Retail- Matt Halprin, and Industrial- Mark Duclos.  
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CT CCIM Chapter is holding a CRE Symposium Event at Great River Golf Club on July 16, 2014. Keynote speaker is Dr. Ted Jones, Chief Economist from Stewart Title. We will have a panel discussion with Catherine Smith from DECD (State of CT), Adam Winstanley (Developer), Tim Breda (Finance), and Carl Russell, CCIM, SIOR (Brokerage). Last day to register is 7/11/14. Cost is $75 for Non-CCIM Chapter Members. Please contact me for details.

FAA is cracking down on use of drones for business, particularly in real estate: http://fox2now.com/2014/07/02/faa-cracking-down-on-businesses-using-drones/#ooid=5xaXhubjo1iOUCXs9H_w7fK1Eamg4fUm

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