Felton McLaughlin

CCIM, SIOR
Email: fmclaughlin@naiplatform.com
Office Ext: x208

Bio

 

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
Felton McLaughlin's Listings