-

Net Lease Investment Sales Team “NNN Pro Group” Separates from Marcus & Millichap to Pursue New Strategic Business Opportunities as an Independent Group

NEW YORK--(BUSINESS WIRE)--NNN Pro Group, a leading investment sales team at commercial real estate firm Marcus & Millichap (NYSE: MMI), announced its separation from the national brokerage company effective January 1, 2023. Despite the departure, the two companies will continue to maintain a strong working relationship moving forward.

The team was founded over 20 years ago by Chief Executive Officer Glen Kunofsky, and is co-managed by Chief Operating Officer Nicoletti DePaul. To date, the team has closed on more than $30 billion of triple-net leased real estate across Retail, Industrial, and Office properties.

“We are incredibly excited about pursing strategic opportunities in addition to our existing advisory and brokerage services, further building out our company and continuing to focus on what we do best – providing dedicated and tailored advice and guidance to our clients on all of their real estate needs and beyond,” said Kunofsky. “I speak on behalf of our entire team in our enormous gratitude to Marcus & Millichap and its leadership for their unwavering support for the past two decades. We look forward to continuing to partner together in various capacities in the future.”

In a statement made by Marcus & Millichap, Chief Operating Officer J.D. Parker added “We are thankful to Glen and the entire NNN Pro Group for their contributions to Marcus & Millichap over the years. We wish them success in their ventures ahead and look forward to maintaining our productive working relationship.”

To learn more about NNN Pro Group, visit www.nnnpro.com

To learn more about Marcus & Millichap, visit www.marcusmillichap.com

NNN Pro Group


Release Versions

More News From NNN Pro Group

SURMOUNT Advises VIVE Collision on Sale-Leaseback Portfolio Transaction with Four Corners Property Trust

NEW YORK--(BUSINESS WIRE)--SURMOUNT, a leading full-service net lease real estate advisory and investment platform, is proud to announce that it served as the exclusive real estate advisor to VIVE Collision in the successful sale-leaseback of a portfolio of automotive service properties to Four Corners Property Trust (NYSE:FCPT) for $4.7 million. This portfolio includes well‑located facilities in prime retail corridors across Maine and Vermont, all leased back under triple‑net leases with 20 ye...

SURMOUNT Announces Formation of Leadership Advisory Board Comprised of Industry-Leading Real Estate Executives

NEW YORK--(BUSINESS WIRE)--SURMOUNT, a newly launched full-service global commercial real estate platform, today announced the formation of its Leadership Advisory Board. The board brings together highly accomplished and respected leaders from across the real estate and real estate finance industries to provide strategic guidance as the firm continues to scale its operations across net lease advisory, sale leaseback, development, capital markets, and principal investments. “We’re honored to wel...

SURMOUNT Launches as Full-Service Net Lease-Focused Commercial Real Estate Platform

NEW YORK--(BUSINESS WIRE)--Industry-leading net lease advisory firms – NNN Pro, STNL Advisors, and United Global Development Co (“UGDC”) have announced that they are consolidating under a newly launched company and brand “SURMOUNT” to offer real estate investors comprehensive brokerage, sale leaseback, lease advisory, development, capital markets, and principal investing services globally. Twenty-five-year commercial real estate industry veteran Glen Kunofsky, founder and CEO of NNN Pro and STN...
Back to Newsroom