William "Felton" McLaughlin, SIOR, CCIM
Phone: 518 465 1400 x208
Email: felton@naiplatform.com
Scope of Service Experience
McLaughlin specializes in office, tenant representation, multi-family, investment properties and 1031 exchanges.
Background & Experience
Since joining NAI Platform in 2005 and where he was named top producer in 2014 and 2015, Felton McLaughlin has focused on office, investment, and re-development properties in the Capital Region. Areas of focus include Albany, where he was on the board of the Downtown Albany Business Improvement District for 6 years and the Mayor’s ReZone Albany Commission, as well as Colonie where he was Chairman of the Colonie Business Council for two years. He spent 6 years on the Board of Directors of the Commercial and Industrial Real Estate Brokers of the Capital Region (CIREB) the last one as President. As a private investor owning investment properties in Albany’s Center Square, he has also focused on investment properties. Before joining Platform, he was a partner in a Capital Region real estate investment group. Because of his background with technology start-ups, he has also been active in High Peaks Venture Partners and the Al-Tech Technology Acceleration Fund dedicated to funding start-up companies in the region. Prior to his move to the Capital Region, Felton spent 15 years in and around New York City working in the technology industry with start-up companies supplying investment-oriented databases and software to Wall Street securities firms. While at Multex.com (now part of Reuters), he helped launch a real-time equity research service for investment managers which grew into a $100 million business. Prior to Multex, he worked at Thomson Financial 6 years and for 3 years at Shearson Lehman Brothers.
Education
McLaughlin received a Bachelor of Arts in Economics and History from Duke University in 1983. He is a Certified Commercial Investment Member (CCIM) and received his CCIM designation in 2013. In 2016, Felton completed his Society of Industrial and Office Realtors (SIOR) designation.
Professional Associations & Designations
Commercial and Industrial Real Estate Brokers (CIREB) Greater Capital Association of Realtors (GCAR) National Association of Realtors NYS Association of Realtors Certified Commercial Investment Member (CCIM) Society of Industrial and Office Realtors (SIOR) Community Involvement: President, Commercial/Industrial Real Estate Brokers (CIREB) Director, Historic Albany Foundation Director, Albany Business Roundtable Advisory Committee, ReZone Albany Commission Board member, Al-Tech Technology Acceleration Fund Past Board member, Downtown Albany BID President, Buckingham Pond Conservancy Past Chairman, Colonie Business Council
Significant Transactions
| Office Leasing | Sq Ft | ||||
| Riverview Assets LLC | 150 Broadway | Menands | Lease | 101,000 | 10-year lease with NYS Class B office space |
| Riverview Assets LLC | 150 Broadway | Menands | Lease | 80,000 | 5-year lease renewal Class B office space |
| Regeneron Pharmaceuticals | 1 Global View Drive | Troy | Lease | 75,000 | 2-year lease Class A office space |
| NYS BOCES | 900 Watervliet Shaker Rd | Latham | Lease | 69,000 | 10-year lease Class A office space |
| Riverview Assets LLC | 150 Broadway | Menands | Lease | 54,000 | 7-year lease expansion Class B office space |
| Maximus Inc. | 11 Corporate Woods Blvd | Albany | Lease | 36,000 | 7-year lease Class A office space |
| SolutionSet, Inc. | 30 Tech Valley Drive | East Greenbush | Lease | 27,000 | 5-year lease Class A office space |
| Virtusa Inc. | 400 Jordan Rd. | Troy | Lease | 23,500 | 7-year lease Class A office space |
| O'Connell & Aronowitz, P.C. | 54 State Street | Albany | Lease | 15,800 | 5-year lease extension Class A office space |
| Wells Fargo Advisors | 30 South Pearl St | Albany | Lease | 12,800 | 10-year lease Class A office space |
| Rose & Kiernan | 99 Troy Rd. | East Greenbush | Lease | 12,200 | 5-year lease Class A office space |
| Amica Insurance | 1 Park Place | Colonie | Lease | 10,600 | 5-year lease Class A office space |
| Chas. H. Sells, Inc. | 1 Columbia Circle | Albany | Lease | 8,800 | 7-year lease Class A office space |
| Rose & Kiernan | 99 Troy Rd. | East Greenbush | Lease | 8,500 | 5-year lease Class A office space |
| 1762 Central Ave LLC | 1762 Central Ave | Colonie | Lease | 8,500 | 5-year lease Class B office space |
| Healthcare Trust of America | 400 Patroon Creek Blvd | Albany | Lease | 8,400 | 5-year lease Class A medical office space |
| Virtusa Inc. | 400 Jordan Rd | North Greenbush | Lease | 7,900 | 6-year lease Class A office space |
| Deloitte Services LP | 111 Washington Ave | Albany | Lease | 7,200 | 5-year lease Class A office space |
| 566,200 | |||||
| Office and Investment Sales | Amount | ||||
| 800 North Pearl Street LLC | 800 N. Pearl St. | Menands | Sale | $ 6,300,000 | Sale of 275,000 SF office building |
| Hemlock Street Properties LLC | 10-20 Hemlock St. | Latham | Purchase | $ 3,975,000 | Purchase of 6-building 110,000 SF industrial portfolio |
| Empire State Carpenters Union | 14-16 Corporate Circle | Albany | Purchase | $ 3,650,000 | Purchase of 2 flex buildings for local HQ |
| Reed Elsevier, Inc. | 1275 Broadway | Albany | Sale | $ 3,000,000 | Sale of 194,000 SF former corporate HQ |
| Sunset Lanes, Inc. | 1160 Central Ave | Colonie | Sale | $ 2,760,000 | Sale of 30,000 SF bowling facility |
| Bayview Loan Servicing | 155 Washington Ave | Albany | Sale | $ 2,700,000 | Sale of Class B multi-tenant office building |
| Rosenblatt Family Trust | 901 Third St. | Albany | Sale | $ 2,600,000 | Sale of 7-acre Verizon line maintenance facility |
| Winn Development | 315 Northern Blvd | Albany | Purchase | $ 2,500,000 | Purchase of 250,000 SF school for multi-family conversion |
| 357 Morris LLC | 357-363 Morris St | Albany | Sale | $ 2,400,000 | Sale of 31-unit multi-family investment property |
| Paulsen Development | 1766-68 Rt. 9 | Clifton Park | Purchase | $ 1,712,500 | Purchase of 4.5-acre site for BTS medical office building |
| Paulsen Development | 123 Everett Rd. | Colonie | Purchase | $ 1,158,000 | Purchase of 5-acre site for BTS medical office building |
| Willett Street Properties LLC | 20 Willett St. | Albany | Purchase | $ 1,000,000 | Purchase of 8-unit multi-family investment property |
| 1204 Western Ave LLC | 1204 Western Ave. | Guilderland | Sale | $ 780,000 | Sale of a mixed-use investment property |
| Gialanella Dentistry LLC | 523 Western Ave | Albany | Purchase | $ 825,000 | Purchase of 12,000 SF medical office building |
| Halliday Financial Services | 4 Executive Park Drive | Clifton Park | Purchase | $ 810,000 | Purchase of 9,500 SF Class A office building |
| NYS Health Facilities Assn | 29-33 Elk St. | Albany | Sale | $ 800,000 | Sale of 2 office buildings totaling 28,205 SF |
| $ 36,970,500 |
Client Testimonials
“The acquisition of 14-16 Corporate Circle in Albany, NY as a new local headquarters facility had many complexities requiring much more than a typical purchase —and an ERISA-compliant pension fund is complex on its own. Felton McLaughlin and Dan Slote are highly qualified agents whose market expertise got us the results that we were looking for by representing our interests, and helping us to obtain our goals.”
James R. Hayes, Northeast Carpenters Fund NY Training Director
“NAI Platform and specifically Felton McLaughlin and Dan Slote were partners in the marketing of 1275 Broadway in Albany, NY and were instrumental in making this deal happen in a timely manner. This transaction was complicated due to the seller’s HQ being located outside the United States. Felton and Dan handled the logistics and negotiations on a seamless basis even with the time difference with the seller. Felton and Dan were helpful in assisting us in
seeing the future potential of the property and how it fit our needs and consolidation plans. Due to their factual presentation of the transaction and the property we were able to acquire a 9.3- acre 190,000 SF property in less than 4 months.”
-Gary J. Kochem, Executive Vice President and Chief Operating Officer, Albany Medical Center
“When our office lease was coming to an end and it was time to consider moving to new space or negotiating an extension of our existing lease, we retained Felton McLaughlin and Platform Realty to represent us. It was one of the best decisions we have made. Not only are we very happy with our space and the terms of our lease, and not only did we save a lot of money under the terms they negotiated for us, but we also saved countless hours of attorneys’ time that was better spent doing what we do best, and leaving to Platform what they do best. We would hire them again in a heartbeat.”
- O’Connell and Aronowitz, President • Jeff Sherrin
“Felton McLaughlin was an invaluable resource to us in our search for historic properties to rehabilitate and I look forward to working with him on other locations. We are actively seeking to purchase multifamily properties in the Capital Region in the 100-300 unit range. Please forward any suitable properties to Felton McLaughlin of NAI Platform.”
- Winn Development, Vice President • Rachel Edwards
“Felton and Peter plowed through every one of the very many obstacles to this deal, and without their concentrated guidance, this transaction would have fallen apart at any one of multiple points.”
- Attorney • Kevin Luibrand Esq.
“Felton McLaughlin and Joe Sausto, with Platform Realty Group, were able to find a bonafide buyer when no other real estate broker in the Capital District was able to do so. They both did a remarkable job of moving this transaction forward from preliminary contract negotiations to the eventual closing on the property. Felton and Joe were able to take a very difficult property to sell and turn it into a viable purchasing opportunity for the right buyer. I would highly recommend Platform Realty Group as a company, and Felton McLaughlin and Joe Sausto individually.”
- 800 North Pearl Street Associates, LP, General Partner • Mark Simmons
“We are very excited to find such a beautiful venue to host our customer’s experience when searching for the perfect gown. Felton McLaughlin from NAI Platform was exceptional to work with. He listened to all of my needs for my business and the customer's experience to find the perfect space. He used a very professional and fair approach to balance both the needs of the Landlords and tenants. For my next business adventure, there is no other I would go to other than Felton.”
- Angela’s Bridal Shop • Janet Cooper