Phillip Butts joined Newmark in 2019 as part of the Net Lease Capital Markets group along with Ken Hedrick, Jerry Hopkins and Andrew Ragsdale. The team collectively specializes in national single-tenant transactions of office, industrial and retail properties.
Butts has over 11 years of experience in the single-tenant net lease sector. His primary role is business development, marketing assets, underwriting new opportunities and managing deal processes. Before joining the Newmark team, he worked as a broker at the Stan Johnson Company and as an analyst for Porthaven Partners.
Butts is a member of the International Council of Shopping Centers (ICSC) and a licensed real estate broker in Oklahoma. He earned two separate Bachelor’s degrees from the University of Tulsa; Finance and Energy Management. In his spare time, he is an avid golfer and has two hole-in-ones. He also enjoys playing disc golf, finding new restaurants with his wife and son and being active in their church.