Industry-leading net lease platform delivers diversified, scaled growth entering 2026

SURMOUNT, the industry leading full-service net lease real estate advisory and investment platform, today announced 2025 performance results, closing $3.9 billion in sales volume across 1,250 transactions nationwide. The transformative year – which marked the company's launch through the strategic consolidation of industry-leading firms NNN Pro, STNL Advisors, and United Global Development Co. (“UGDC”) – demonstrated the immediate value of unifying complementary capabilities under a single platform.

The results reflect SURMOUNT's leading market position across the net lease sector. The firm commands approximately 75 percent market share in car wash transactions nationwide, consistently closing over 1 billion dollars in car wash volume each year. Across 2025’s 1,250 transactions, SURMOUNT served clients across 46 states in all major net lease property types, including automotive service, restaurant, education, medical office, industrial, dealership, grocery, pharmacy, and convenience retail.

“2025 was a defining year,” said Glen Kunofsky, Founder and CEO of SURMOUNT. “Launching SURMOUNT and delivering for our clients at scale reinforced what I've believed for over 25 years: if you invest in people, relationships and execution, the results will follow.”

The SURMOUNT brand launch consolidated three premier net lease firms into a unified platform offering brokerage, sale leaseback, lease advisory, development, capital markets, and principal investing services. By integrating these capabilities, the firm positioned itself to capture opportunities across multiple revenue streams while delivering comprehensive solutions for clients that traditional single-service brokerages cannot match.

Additional Key 2025 platform achievements included:

• Launch of SURMOUNT Capital Markets Division under industry-leading mortgage broker Christopher Marks, closing over $300 million in loans during its inaugural year
• Integration of UGDC's development capabilities under Chief Development Officer Stephen Andrews, representing 200 lifetime development projects
• Expansion of SURMOUNT Advisory services, which has delivered over $1.5 billion in total lifetime rent savings to clients, delivering meaningful results for financial sponsors, multi-unit franchisees, and operators nationwide
• Geographic expansion with the launch of SURMOUNT California and extended European advisory reach across clients in France, UK, Spain, Germany, Sweden, Italy, Netherlands and Norway
• Team growth of 40% since 2023, now totaling 140 professionals across primary offices in New York, Boston, Chicago, Phoenix, and Los Angeles (opening 2026) – with commitments to continued growth in key markets in the year ahead
• New headquarters at 1185 Avenue of the Americas in New York City, opening Spring 2026
• Announced the formation of a Leadership Advisory Board comprised of industry-leading real estate executives

This expanded platform also amplified SURMOUNT's industry influence, particularly in legislative advocacy where the firm's scale and diversified client base strengthened its voice in policy discussions. SURMOUNT played an instrumental role in advocating for the restoration and permanent extension of “100% bonus depreciation” for eligible commercial real estate assets. The firm facilitated over $1 billion in bonus depreciation-eligible asset sales in 2025, demonstrating immediate market impact and positioning the platform to capitalize on accelerated investor demand as the tax benefits drive transaction activity.

“Combined with stabilizing interest rates and growing capital deployment, we're seeing renewed investor appetite across all property types,” said Nicoletti DePaul, Chief Operating Officer of SURMOUNT. “With improving market sentiment, more active capital and growing opportunity for disciplined execution, we feel well positioned for the year ahead.”

The 2025 results build on SURMOUNT's longstanding track record of completing over $44 billion in lifetime transaction volume and more than 16,000 properties sold over 25 years. The combination of comprehensive platform capabilities and favorable strategic and projected market tailwinds position the firm for what it expects to be a robust 2026 transaction environment.

About SURMOUNT

SURMOUNT is a full-service commercial real estate firm offering global expertise in net lease advisory, sale leaseback, lease structuring, development, capital markets, and principal investments. With over 140 professionals across offices in New York City, Boston, Scottsdale, Los Angeles and Chicago, SURMOUNT provides end-to-end real estate services for private equity and financial sponsors, family offices, multi-unit franchisees, private investors, REITs, business owners, tenants, developers, and lenders.

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