Senior Vice President
Tom Costello is the Senior Vice President at Newman Kelly.
Tom began his career in commercial real estate in 1984 with Daum Commercial in Anaheim, California and specialized in the sale and leasing of industrial properties located throughout Orange County. Tom was one of the original brokers who launched the Anaheim office of Scher-Voit Commercial where he continued as an industrial properties broker.
Tom and his family moved to Charlotte, North Carolina in 1994 and served as an industrial properties broker with Southern Real Estate. During his tenure with Southern Real Estate, Tom leased and sold more than four million square feet of industrial manufacturing and distribution space and represented the sale of Billy Joel's and Christy Brinkley's Spencer Gifts Distribution facility which consisted of more that 250,000 square feet.
Tom most recently served as a Senior Associate with the National Office and Industrial Properties Group at Marcus & Millichap where he teamed with Nate Newman, Logan Kelly, and Jared Pinto on the sale of Mattress Firm's corporate office and training facility, a single tenant net lease investment valued at $6 million, Hollister Business Park, a 250,000 square foot industrial multi-tenant investment valued at $9 million, and Rebecca Village, a 54,000 square foot industrial multi-tenant investment valued at $4 million.
Tom’s responsibilities at Newman Kelly includes commercial real estate investment sales, the sale and leasing of industrial and office properties, and the development of build-to-suit and speculative commercial real estate projects.
Tom is a graduate of Loyola University, New Orleans, has been married to his wife, Nancy Costello since 1980 and has two sons, Ryan Costello, MBA graduate of the University of Louisiana, Lafayette, and Jackson Costello, Economics graduate of the McCoy College of Business at Texas State University, San Marcos.