SPARTANBURG, S.C. - Marlboro Development Team (MDT) is pleased to welcome Tom Suitt as Development Manager. In this role, Suitt will be responsible for growing MDT's presence in Georgia and beyond through the pursuit of build-to-suits, speculative development, sale/leasebacks, and strategic acquisitions in the industrial sector.
Suitt brings more than 40 years of experience in business development, banking, real estate development, and the construction industry. Early in his career, as a corporate lender for the Bank of New York, he led the bank's participation in a $1.2 billion loan for the development of the Boeing 757 and 767 commercial aircraft. As Atlantic Division Manager for Suitt Construction and a member of the company's Board of Directors, he was responsible for the $32 million expansion for Brown and Williamson Tobacco as well as the construction of a distribution center for Whirlpool.
From 1998-2002, he led day-to-day economic development efforts for Southern Energy (a wholly owned subsidiary of Southern Company) in the Bahamas, Philippines, China, and Korea. Most recently, Suitt served as Chairman of the Board of THS Constructors. While there, he helped grow the company from $20 million in industrial construction sales to sales in excess of $100 million.
Suitt has been a member of more than 20 economic development organizations over his career. Residing in Greenville, S.C., he and his wife, Jan, have four grown children and six grandchildren.
"On behalf of the entire Marlboro Development Team, we couldn't be more pleased to welcome Tom, who brings decades of experience, knowledge, and expertise to MDT," said William Fleming, Jr., President and CEO. "We look forward to continued growth, and Tom will play an integral role in that."
Marlboro Development Team, Inc. is a South Carolina based real estate developer focused on single tenant build-to-suits, value-add acquisitions, and strategic investments throughout the United States. The senior management of MDT has a proven track record of 100+ years of development experience with successful delivery of over 10 million square feet across a broad spectrum of development projects including retail, industrial, commercial, and office.
SCBIZtv is part of the SC Biz News family, serving 100,000 high-level business execs throughout South Carolina. Click for more from SCBIZtv.