Hecht Development believes in a focused, planned and programmed strategy for acquiring commercial real estate.
 
As a result, the company is completely dedicated to purchasing only retail real estate assets.  Because Kenneth Hecht has been involved in the sale and leasing of retail real estate assets since 1986, the company has developed deep market knowledge across the northeast.

This is a powerful strategic advantage and is the basis for the investment and development program of the company.   As a company, we seek to capitalize on this real time market knowledge by investing in and developing retail properties in locations that are the future of a particular sub-market.
 
Hecht Development employs a number of methods and tools in order to locate and secure the best retail assets in a given market.  Strict criteria for properties include:
 
- Minimum Traffic Count Standards
- Traffic Signalization Requirements
- Major Infrastructure Improvement Tracking
- Detailed Zoning Analysis Up Front
- Digital Aerial Photography
- Trade Area Demographic Minimums
- In Depth Tenant Competition Analysis

Property Management

Hecht Development creates additional value through its Property Management. Our experienced staff uses many in-house disciplines including asset management, leasing, financial reporting and construction services to  maintain and enhance the value of the properties.  Hecht Development   takes pride in the quality of our day-to-day management activities. The key to our management philosophy is our tenants' satisfaction.

Hecht Development's team of professionals performs all the essential property and asset management functions including:

-Leasing
-Property Maintenance
-24 Hour Emergency Maintenance
-Construction Management
-Accounting and Financial Reporting