Hecht Development believes in a focused, planned and programmed strategy for acquiring commercial real estate.

As a result, the company is dedicated to purchasing retail real estate assets and will also consider other asset classes such as; office, medical office and industrial on a case by case basis. 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 New England in the retail sector.
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. We use 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 performs all the essential property and asset management functions including:

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