The Hecht Company was founded in November of 2001 as a firm dedicated to the acquisition of retail real estate assets for its own account, and to execute select brokerage assignments for a small number of clients. The company had focused on acquiring retail assets as a Principal within two hours of Boston as well as on major brokerage transactions throughout New England. To date, The Hecht Company has completed over four million square feet of brokerage and acquisition transactions since its founding
Due to the high volume of retail developments as principals, Hecht Development was founded in December of 2006 with the sole purpose of growing the company's equity property portfolio throughout the New England.
In 2013, Hecht Development re-located it's office to Gloucester, Massachusetts and sharpened it's focus to acquiring properties only on the North Shore of Boston. The focus has resulted in the acquisition of a number of North Shore commercial real estate assets with plans for a much larger North Shore commerical real estate portfolio.
Hecht Development does acquisitions, financing, leasing, management , and in house construction for all of it's assets. The firm manages in-depth purchase agreement negotiations, Lease negotiations, and legal permitting oversight.
Hecht Development has the financial strength and experience to acquire retail, office and industrial assets and development sites of all sizes and degrees of complexity. The firm has the ability to manage several projects at any point in time, and is aggressively seeking additional high-quality projects throughout Boston's North Shore.