Metropolitan Management Company, established in 1978, is an affiliate of Klein Enterprises, specializes in the management and leasing of commercial real estate properties in the Baltimore Metropolitan area. The company is a locally owned, limited liability corporation with Michael F. Klein and Philip E. Klein as the majority shareholders.
Metropolitan Management Company houses an interior office staff of highly trained professionals dealing with all aspects of exterior maintenance, leasing, and bookkeeping for all projects managed and leased by the company. In addition to the office personnel, Metropolitan Management employs another 30 individuals directly involved in the maintenance and security of the properties comprising its portfolio.
By combining the expertise of our property managers with the proper staff support, Metropolitan Management has the capability to deal effectively with the three main components of property management: the owner, the tenant, and the property. We take a proactive, hands-on approach to management with open communication among clients and tenants in our goals to foster successful merchants, increase property values and improve operating cash flow.
Our extensive experience, totaling more than one hundred years, enables us to deal propitiously and confidently with local, regional, and national tenants. Our familiarity with the metropolitan area accords us a wealthy supply of labor upon which to draw for maintaining and improving the properties. Our philosophy advances a personal, direct and efficient style of service in tandem with an ongoing follow up strategy.
We currently manage and/or lease approximately 24 commercial properties with 300 tenants and approximately 2,000,000 leasable square feet in the Baltimore Metropolitan area.
Our property management department takes a full-service, personalized approach to meeting the specific needs of clients and their investments. Services include, but are not limited to:
- General lease administration;
- Tenant relations;
- Rent and operating expense collection;
- Tenant insurance certificates;
- Regular on-site property inspections;
- Vendor bidding, selection, supervision, and payment;
- Debt service payment;
- Real property tax assessment review, consultation, and payment;
- Insurance policy review, consultation, and premium payment;
- Monthly accounting reports such as cash flow distribution, income statement, balance sheet, and other financial data