Daniel Klein is the fourth generation of his family to lead the Klein Enterprises real estate group. The president of the 81-year-old company, which has developed more than 3 million square feet of commercial and residential property, said he never takes their success for granted.
“I tell people in the office we have to take the approach that we’re a start-up company,” he said in an interview earlier this year. “Having a long and strong history gives us a foundation with values, but we have to stay current.”
He recalls the advice from his late grandfather, Philip E. Klein: “Always remember that talent gets you nowhere if you don’t apply yourself and put in the hard work to produce something.”
What began four generations ago with the development of its first retail center in 1948, has developed into more than 4.5 million square feet of residential and commercial properties throughout the east coast of the U.S.
Philp Klein, Daniel’s grandfather, eventually became a leader in the Baltimore real estate industry and was known as “the site man” for his expertise. Daniel’s uncle, Michael Klein, was the chairman with the company.
Today, Klein Enterprises’ services include real estate development, management and brokerage. The Klein property portfolio is broad, from office space to self-storage.
In September, Klein announced it bought the three-building, 122,000-square-foot Aerocenter Industrial Park in Winchester, Virginia., for $7.4 million. The deal expanded Klein’s portfolio, which now reaches from New Jersey to Virginia.