Originally settled in New Britain, Connecticut and for more than 75 years, the Lech family has developed commercial and residential properties throughout New England.
Michael Lech, a graduate of Syracuse University, is the third generation to run the family business. He began in 1994 managing a residential construction company as well as several family- owned retail shopping centers.
In 1996 Michael Lech formed the Real Estate Asset Development Company (READCO) as an operating vehicle to manage and maintain the existing Lech family portfolio and to develop new commercial projects.
Over the past twenty years, Michael has led his companies in developing and acquiring over $300M in real estate assets and managing over 3,000,000 square feet of properties throughout the Northeast—including numerous credit-anchored retail, entertainment, office, medical, industrial, and upscale residential properties.