McCall & Almy Announces Bill McCall Received Lifetime Achievement Award
McCall & Almy is pleased to announce that Bill McCall has received the Lifetime Achievement Award for commercial real estate from Boston Real Estate Times at its annual Award Summit. In accepting his award, Bill gave some remarks on his 60-year career in commercial real estate as well as on the market.
Bill mentioned how asking rents are now $100.00/SF in the Back Bay and shared the following story about the market when he was a young broker. "This was in 1962 and not much had happened in Boston. 225 Franklin Street was the first Financial District tower. It eventually became the State Street Bank building. The developer had a broker open house in the early stages of construction. The broker was extolling the virtues of the building and announced the rent would be $6.00/SF. As a young, inexperienced broker, I turned to the senior broker and asked, ‘Can he get $6.00?’ The senior broker said, ‘No way, Boston is a $5.00 town.’ ”
What Bill loves about real estate and imparts to the company is a sense of entrepreneurialism. This probably all stems from being a Navy fighter pilot for three years where he learned persistence and dedication no matter what situation you encounter. Bill is known for being bullish about the market, and he’s not afraid to take risks, having founded two successful real estate companies in his career.
After graduating from the College of the Holy Cross, Bill became a pilot in the U.S. Navy, and then began his career in commercial real estate at the Nordblom Company in 1961. Four years later, in 1965, he co-founded Leggat McCall & Werner, and sold the brokerage business to Grubb & Ellis in 1986. Bill and David Almy then started the real estate advisory and tenant representation only firm McCall & Almy in 1990, where Bill still actively serves as President. He continues to advise many of the area's top real estate and financial companies, institutions, and property owners on strategy, valuation, acquisition, disposition and leasing of real estate.
About McCall & Almy
McCall & Almy, Inc. is an independent, Boston-based commercial real estate advisory firm that provides a complete range of services locally, nationally and internationally. Focused on tenant representation and strategic real estate planning, McCall & Almy delivers comprehensive analysis and innovative real estate solutions that align with its clients’ overall business strategies. McCall & Almy is proud of its long-standing relationships with corporate and entrepreneurial business entities as well as not-for-profit organizations. To learn more, visit www.mccallalmy.com or follow @McCallAlmy on Twitter.
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