New York & Tri-State + Midtown New York + Net Lease | January 6, 2023

The NNN Pro Group led by Glen Kunofsky has separated from Marcus & Millichap, but the two companies will maintain a strong working relationship

NNN Pro Group Leaves Marcus & Millichap to Form Standalone Brokerage

NNN Pro Group, a New York City-based investment sales team at commercial real estate firm Marcus & Millichap, has separated from the national brokerage company effective Jan. 1. Despite the departure, the two companies will continue to maintain a strong working relationship moving forward.

The team was founded more than 20 years ago by COO Glen Kunofsky, and is co-managed by COO Nicoletti DePaul. To date, the team has closed on more than $30 billion of triple-net leased real estate across the retail, industrial, and office sectors.

“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.

In a statement from Marcus & Millichap, Eastern division COO 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.”

Pictured: Glen Kunofsky.

Connect

Inside The Story

NNN Pro GroupMarcus & Millichap's Parker

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).