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 focused on acquiring retail assets as 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.

Hecht Development specializes in the detailed market analysis of properties for its own account. This high level market research uses specific site location criteria like traffic counts, drive times, and tenant competition mapping to carve out distinct trade areas for acquisition. Hecht Development has many capabilities that allow it to evaluate development opportunities quickly and decisively, such as sophisticated digital aerial photography, experience in site layout, engineering and zoning reviews, as well as investment & development pro-forma analysis. 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 New England.