Oct
23
Berkshire Group Invests in Leggat McCall Properties
ByThe company will use the funds to source and execute more than $1 billion of real estate investments in joint ventures with third-party institutional partners.
Mahmood Malihi, co-president, Leggat McCall Properties
Boston—Leggat McCall Properties, already a longtime commercial real estate investor, developer and project manager in the Boston area, is growing thanks to an investment from a fund operated by The Berkshire Group.
Noting that Leggat McCall has been “an integral part of the Boston commercial real estate landscape” for the past 50 years, Berkshire announced it had made an investment and committed funds from its BRV Partners Fund I LP, to the firm. Leggat McCall will use the funds to source and execute more than $1 billion of real estate investments in joint ventures with third-party institutional partners. Leggat McCall is focused on sourcing, financing and executing complex, mixed-use development and value-add investment opportunities in the Greater Boston area. It also provides advisory and project management services to large owners, users and investors…
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