Joseph Sausto

Associate Real Estate Broker

NAI Platform
14 Corporate Woods Boulevard Suite 100
Albany, New York 12211
United States

+1 518 465 1400

Scope of 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)

Transaction History

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