Bios
President / Founder
Tom is the President / founder of Forsite Development Inc. and manages all aspects of the companies operations. Tom started Forsite in December 2004 with the idea that there was a significant supply of vacant corporate surplus industrial facilities throughout the Southeast that could be acquired aggressively and then repositioned. Tom's goal with Forsite was to bring a level of sophistication to this highly fragmented market and provide value for customers through creative and flexible deal structures.
Since starting Forsite, Tom has managed and procured the acquisition of over 3.8 million square feet of space throughout the Carolinas. Under Tom’s direction, Forsite has also expanded their focus on build-to suit projects. Two notable recent projects include the 75,000 SF North American Corporate Headquarters for Continental Tire and a 25,000 SF sales and operations center for Kennametal. Both of these projects were developed within business parks owned by The Springs Company.
Prior to starting Forsite, Tom was a ten year veteran and Senior Vice President of Development for Lauth Property Group. Lauth was a 560 person national real estate development firm headquartered in Indianapolis. Tom's primary focus during his employment was office and industrial build-to-suit projects throughout the United States.
In July of 2001, Tom moved to Charlotte to open Lauth's second regional office. In Charlotte, he was responsible for all build-to-suit, land development and construction activities that he and his team created in the Southeast.
Tom has a Bachelor of Science Degree in Marketing and Finance from Ball State University.
Vice President of Operations
Darrell manages all development and construction operations for Forsite. He is responsible for all technical due diligence for all building acquisitions and manages all construction related activities including new build-to-suits, tenant uplifts, and all deferred maintenance for existing buildings.
Prior to joining Forsite, Darrell was the Vice President of Engineering for Springs Industries where he spent 28 years managing and constructing over 11.2 million SF of heavy manufacturing facilities throughout the United States and Mexico. His unique experience of repairing, maintaining and constructing industrial facilities has been an invaluable resource to Forsite's core business. Since starting at Forsite in 2007, Darrell has managed over $31M in construction projects.
Darrell holds a Bachelor of Science Degree in Electrical Engineering from University of South Carolina. He also received his certification in Mechanical Systems from York Technical College and is a graduate of Soil Studies and Geotechnical Planning at Georgia Tech.
Vice President of Acquisitions & Development
Houston manages the marketing and leasing of Forsite's projects, as well as sourcing new deals. Houston brings Forsite an exceptional understanding of industrial real estate and numerous relationships he has built over his 13 year career in the Carolinas. His background integrates work in all the industries disciplines, including: brokerage, development, financing, marketing, construction, asset and property management.
Prior to joining Forsite, Houston served as Vice President of Office and Industrial development for Lauth Property Group. He had overall responsibility for Lauth's Office and Industrial development in the Carolinas and Virginia. While at Lauth he participated in eight development deals representing a gross value of $254 million. Prior to joining Lauth Houston served as Project Manager for American Asset Corporation. While at AAC he managed 55 tenant upfits and the development of 9 shell buildings totaling $95 million in worth. His real estate career began with CB Richard Ellis as an industrial broker where he participated in over 200 transactions.
Houston has a Bachelors degree in Corporate Communication and Business Administration from the College of Charleston and a Master degree in Real Estate Development and Finance from Harvard University.
David Hanna
Broker / Leasing Manager
Dave handles strategic brokerage activities for Forsite as well as sourcing new development opportunities. Prior to joining Forsite, Dave was a broker for Harris Development Group, LLC responsible for generating new sales and leasing activity in the retail, office and industrial sectors. Dave began his real estate career with Flagship Capital Partners to help implement the company's fundraising efforts as well as sourcing office and medical office acquisitions for the company's portfolio.
Before moving to Charlotte in 2005 to begin a career in real estate, Dave worked in New York as an institutional equities broker for SG Cowen & Co where his clients included some of the largest mutual funds in the country.
Dave has a Bachelors Degree in Economics from the University of Virginia.
Shannon Doster
Office Manager / Controller
