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Leggat McCall Goes Shopping With $350M

WALTHAM, MA-The locally based real estate development, investment and project management firm plans to use the capital to acquire up to $350 million worth of commercial real estate in Greater Boston.

By Naomi Grossman | Updated on January 29, 2004

WALTHAM, MA-Leggat McCall Properties will use proceeds from the recently completed closing of its Leggat McCall Properties Fund III LP to invest alongside its traditional institutional capital partners to acquire up to $350 million worth of value-added commercial real estate in Greater Boston.

The locally based real estate development, investment and project management firm says the fund will seek to capitalize on Leggat McCall Properties’ local knowledge, investment experience and developmental expertise to generate “superior risk-adjusted investments in office, retail, industrial, residential and mixed-use properties” in Greater Boston.

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