Shelby/Estus Realty Group was formed in 1991 and specializes in commercial retail real estate in Houston and its surrounding areas. Comprised of real estate professionals who understand the Houston market, we are able to service our clients by providing the highest level of individual service through quality representation, superior strategy and timely execution. We have developed over 100 projects since we started our company.

Please take a moment to examine the pages that follow for an overview of our company. We are very proud of our achievements and the quality of projects and clients whom we have had the opportunity to assist.

Shelby/Estus Realty Group, Inc. is registered in the State of Texas under broker license no. 424705.


Tom Estus

Tom Estus, President of Shelby/Estus Realty Group, Inc., has been actively involved in the Houston commercial retail real estate market since 1983. He specializes in the development, sale and leasing of commercial retail properties and tenant representation.

Estus has gained extensive knowledge of the critical issues within the framework of successful development as well as an excellent understanding of the budgeting of development hard and soft costs and how important these projections are to a successful development. He has been actively involved in Build-to-Suit projects for national retailers as well as the negotiation of long-term ground leases on which developments are constructed.

Tom began his real estate career with the Henry S. Miller Company and joined Wulfe & Co. at its inception. He graduated from Baylor University in 1980 and was a member of the Baylor varsity tennis team. Estus is a member of the International Council of Shopping Centers (ICSC) and is a Texas licensed real estate broker. Tom and his wife, Ann, have been married since graduating from Baylor in 1980 and have two grown children, Ben and Robin.

Bruce Shelby

Bruce Shelby, Chief Executive Officer of Shelby/Estus Realty Group, Inc., has been a successful professional real estate developer, property manager and financial strategist since 1979. Before entering real estate, Bruce was a practicing CPA, having worked for national and international accounting firms in Washington D.C., Brussels and Houston.

Shelby has been involved in the development and financing of income producing projects, including neighborhood and specialty retail centers, free standing developments, office building and multifamily developments.

Bruce received his B.S.B.A. in Accounting from Georgetown University in 1979 and an International Business Degree from Stichting Nijenrode, Utrect Holland in 1978. He is a Texas Real Estate Broker and a CPA.

The information contained herein while based upon data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by Shelby/Estus Realty Group, Inc. or by any agent, independent associate or employee of Shelby/Estus Realty Group, Inc. This information is subject to change without notice.