Butters Launches Tenant Rep Platform
Molly McDonough has joined Butters Realty & Management as a senior vice president.
McDonough comes to Butters with more than a decade of commercial real estate experience, having represented an office portfolio of 1.5 million square feet in South Florida and negotiating more than $100 million in transactions for these landlords.
McDonough also specializes in tenant representation and in 2010 she competed more than 165,000 square feet in leases, valued at $13.5 million. As a tenant representative, she brokered one of the largest lease deals in Palm Beach County in recent years and was nominated for a NAIOP Deal of the Year.
McDonough was previously a vice president Flagler Real Estate Services. In her new position, McDonough will focus on building Butters’ tenant representation platform.
Based in Coconut Creek, Butters Realty & Management is a division of the Butters Group, a fully integrated development, construction, realty and management firm founded in 1990.
“Having essentially spent my career in real estate working for a renowned local developer, construction and brokerage firm, it was natural for me to look at the opportunities at another well- known South Florida developer that was looking to expand its presence in the third-party brokerage side in both landlord and tenant representation,” McDonough said. “I will be concentrating solely on building Butters Group’s tenant representation practice and look forward to working with Malcolm Butters and the great team he is building.”
Butters Group President Malcolm Butters said the addition compliments the company’s strong third-party landlord services platform, which currently handles leasing and property management for several million square feet for a bevy of local, national and institutional owners.
“We are excited about Molly becoming part of the team and her hiring launches our tenant representation platform,” Butters said.
McDonough is well known in South Florida real estate circles and is an active leader in the South Florida chapter of NAIOP (National Association of Industrial office Properties) currently serving on the programming committee and as chair of the annual NAIOP charity Golf Tournament, which has raised more than a $100,000 for local charities. She also sits on the board of the Coral Springs Economic Development Foundation and is a graduate of Class 30 of the Leadership Broward program. McDonough mentors high school students with Women of Tomorrow.
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