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NAI Platform | 14 Corporate Woods Blvd., Suite 100 Albany, NY 12211 | 518 465 1400

Joseph Sausto

Associate Real Estate Broker

Specialties:  Commercial Real Estate

Contact Details

(o) 518.465.1400 x216
jsausto@209.124.88.178

Scope of Service Experience

Sausto’s experience includes work on investment properties, tenant representation and corporate advisory services.

Background & Experience

Sausto is an attorney and commercial real estate broker with NAI Platform specializing in corporate advisory services and all aspects of investment real estate. Corporate advisory services include the structuring of sale-leaseback transactions, operating expense lease audits, tax certiorari, strategic planning, and assisting property owners maximize the return on their real estate assets. Sausto has become known for achieving value for parties to transactions through innovative planning, including structuring charitable remainder trusts, bargain and sale transactions, lease restructuring, cost segregation analysis, utilization of various tax credit programs as well as economic incentive and development programs. Sausto has become a leader in the 1031 tax deferred exchange market. He has an extensive background in Land Use Planning and has assisted and partnered with developers on municipal approvals for over 1,000 residential units and hundreds of thousands of square feet of commercial space, achieving zoning changes, writing Environmental Impact Statements, analyzing investor vs. dealer capital gain issues, securing sewer and water extensions and conducting land swaps and environmental remediation projects.

Education

Sausto received his bachelor’s degree from Boston College and his Juris Doctor from New York Law School.

Professional Associations & Designations

New York State Bar Association Connecticut Bar Association Commercial and Industrial Real Estate Brokers (CIREB) Greater Capital Association of Realtors (GCAR)

Significant Transactions

Click red taglines to view more information on the deal.

SALE – 60-Unit Apartment Complex / Fairground Village / Ballston Spa, NY / 1031 Acquisition

SALE – 66-Unit Apartment Complex / Willett Apartments / Albany, NY / Charitable Remainder Trust

SALE – 275,000 SF / 800 North Pearl Associates, LP / Menands, NY / Advisory

SALE – 146-Unit Apartment Complex / Campus Edge Apartments / Fredonia, NY

SALE – 300 Residences / Meadowdale Estates / Colonie, NY / Site Plan Approval

SALE – 190,000 SF Zoning Change and Site Plan Approval for 300 Residences / Glass Works Village / Guilderland, NY

SALE – Sale-Leaseback of 3 Capital Region Locations / Hewitt’s Garden Centers

SALE – 145,000 SF Sale-Leaseback / Plug Power Corporate Campus / Latham, NY

SALE – 54,000 SF Single Tenant Office Building / GSA / Colonie, NY

SALE – Sale-Leaseback Financing with REIT and Corporate Operator / Camelback Ski Mountain

LEASE – 37,000 SF Office Space / Vicarious Visions / Menands, NY / Tenant Representation

LEASE – 130,000 SF of Office Space / Cengage Learning / Clifton Park, NY / 10-Year Lease/Lease Audit

LEASE – 100,000+ SF Office Space / Maximus, Inc. / Multiple Capital Region Locations

LEASE – 69,000 SF Office Space / BOCES / Latham, NY / 10-Year Lease

LEASE – 12,800 SF Office Space / Wells Fargo / Albany, NY / 10-Year Lease

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