Nicoletti DePaul

Senior Managing Director
Chief Operating Officer

About Nicoletti

Nicoletti DePaul is the Chief Operating Officer of Surmount (formerly NNN Pro). Nico joined Surmount in 2012 and oversees the company’s day-to-day operations. Nico has structured and advised on the largest transactions and endeavors in the net lease market over the past ten years. Nico has a diverse financial and statistical background to accompany significant marketing experience across various industries.

Nico has an expansive track record of closing over 3,000 properties with an aggregate value of approximately $16 billion in only ten years with the company, including working on over $2 billion in each of the past four years.

Nico currently resides in Hoboken, New Jersey with his wife, son, and daughter. Outside of the office, Nico is involved in several organizations including Fordham University, and the Victor Green Foundation.
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Nicoletti's

Journal

  • Recurring Subscription Revenue Boosts California Car Washes
    SURMOUNT's Chief Operating Officer Nico DePaul told GlobeSt.com that California remains one of the most competitive markets for car wash real estate and the data reflects what he's seeing on the ground.
  • Brokerage
    SURMOUNT Expands into South Florida with Addition of $8.5 Billion Net Lease Team and Opening of Miami Office
    Veteran Net Lease Advisors Ronald Issenberg, Gabriel Britti, Kevin O’Hanlon and Team Join SURMOUNT as Firm Establishes Permanent Presence in One of the Nation’s Most Active Commercial Real Estate Markets
  • Net Lease Investing Expands Across Sectors as Capital Deepens
    The net lease market is entering a new phase of growth and specialization, driven by evolving investor demand, sector-specific expertise and increasing institutional participation. As capital continues to flow into income-oriented real estate strategies, platforms with scale and transaction visibility are gaining a clearer view into where pricing, demand and asset preferences are shifting.
  • SURMOUNT Closes $3.9 Billion Sales Volume in Transformational First Year as Unified Platform
    Industry-leading net lease platform delivers diversified, scaled growth entering 2026
  • Capital Markets
    SURMOUNT Adds Scott Budzenski to Capital Markets Team as Managing Director, Further Expanding West Coast Presence
    LOS ANGELES--(BUSINESS WIRE)--SURMOUNT, a leading full-service net lease real estate advisory and investment platform, announced today that Scott Budzenski has joined the firm as Managing Director, Capital Markets, based in Los Angeles. Budzenski's appointment further strengthens SURMOUNT's rapidly growing platform and supports the firm's continued expansion in California ahead of the official opening of its Los Angeles office.
  • Advisory
    Sale-Leaseback: Pros and Cons Shop Owners Should Consider Before Making a Move
    Big guys sell land for growth cash and regularly lease. Should indie shops aim for the same?
  • Advisory
    Brokerage
    Capital Markets
    Development
    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.
  • Advisory
    Brokerage
    Capital Markets
    Development
    SURMOUNT Launches as Full-Service Net Lease Real Estate Powerhouse
    by Traded Media
  • Brokerage
    Advisory
    Capital Markets
    Development
    SURMOUNT Launches as Full-Service Net Lease-Focused Commercial Real Estate Platform
    SURMOUNT Press Release
  • Brokerage
    Advisory
    Capital Markets
    Development
    Three Net-Lease Advisory Firms Merge to Form Surmount
    Glen Kunofsky to lead the combined entity featuring NNN Pro, STNL Advisors and United Global Development.
  • Brokerage
    Advisory
    NNN Pro and STNL Advisors Announce Previously Completed Strategic Partnership Under Holding Company “SURMOUNT”
    NNN Pro, the market-leading net lease investment sales firm in the country, and STNL Advisors, a premiere net lease advisory firm have both formally announced previously completed strategic partnerships with newly branded investment holding company “SURMOUNT.”
  • Brokerage
    NNN Pro, Leading Net Lease Investment Sales & Advisory Firm, Announces Continued Strategic Growth
    NNN Pro, the leading net lease investment sales and advisory firm in the country, announced a number of strategic growth investments to capitalize on its continued momentum and increased market share in the net lease industry.
  • Brokerage
    NNN Pro Group Named 2023 Influencer in Net Lease by GlobeSt and Real Estate Forum Magazine
    NNN Pro Group, the market leading net lease investment sales and advisory firm in the country was recently named as “Influencer in Net Lease” for 2023 by GlobeSt and Real Estate Forum magazine. This recognition was awarded to companies and individuals that have been identified as “some of the most notable professionals in the net lease real estate scene…that have helped shape the net lease field and where it is headed.”
  • Brokerage
    Kunofsky and DePaul Named To 2023 Commercial Observer Power 100 List
    Breaking up is hard to do. But NNN Pro Group, experts in triple-net leases that began 2023 by splitting with longtime partners at Marcus & Millichap, is a spinoff that won’t be overshadowed.
  • Brokerage
    NNN Pro Group Leads the Way in 2022 with Record Setting $5.6 Billion in Net Lease Investment Sales
    NNN Pro Group, the market leading investment sales firm in the country announced that it closed a record breaking $5.6 billion across over 1,200 total net lease transactions nationwide in 2022, up over 30% since the year prior.
  • Brokerage
    NNN Pro Group Named One of 2022’s Best Places to Work in Commercial Real Estate by GlobeSt and Real Estate Forum Magazine
    The NNN Pro Group, a full-service real estate investment sales and advisory firm based out of New York City was recently named as one of the Best Places to Work in commercial real estate in 2022 by GlobeSt and Real Estate Forum magazine. This recognition was awarded to organizations that “achieve outstanding performance, stay on top of workforce trends, strive to accommodate staff, offer transparent communication methods and thoughtful employee engagement programming, while continually earning respect from professionals.”
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