A Fairfield-based real estate investment/development company — the town’s second-largest taxpayer, based on the 2014 grand list — hopes to acquire General Electric’s corporate headquarters property on Easton Turnpike.

Albert Kleban, chairman of Kleban Properties — owner of the Brick Walk retail/office complex downtown, as well other commercial properties on Black Rock Turnpike and the Post Road — called the decision last week by GE, the town’s largest taxpayer, to move its headquarters to Boston, “a devastating blow to our town. It will have major repercussions. There will be a significant effect on all real estate values, residential and commercial, as well as an impact on employment.”

Kleban, in a statement issued late Saturday, said that his firm has begun negotiations to acquire the GE property, “if at all possible,” with the intent of transforming the 68-acre campus into a technology center with an educational component.

GE officials announced last week they plan to move from the Easton Turnpike property that has been the company’s corporate home for more than four decades, and move to a waterfront site in Boston. GE is the town’s largest taxpayer, with a real estate bill of $1.63 million annually based on the $76,541,780 assessed value of its campus, plus a $240,793 personal property tax bill for equipment on the site.

Kleban Properties, however, has local holdings only slightly less valuable than GE, with a total assessed value of $76,286,593 for various commercial properties in town. In addition to the sprawling Brick Walk complex on the Post Road downtown, among the signature properties Kleban owns in Fairfield are the downtown building that houses the Fairfield University Bookstore and Victoria’s Secret; Rings End Plaza with Flipside restaurant, a Shell gas station and other retail outlets and offices; Turnpike Shopping Center with a ShopRite supermarket; Black Rock Shopping Center with Old Navy and Gap stores, and Lake Hills Shopping Center with a Trader Joe’s store.

Kleban Properties, according to its website, also owns property in other state communities, including Darien, West Hartford, Newington and Deep River. The company also owns properties in Florida, Vermont, Michigan, Louisiana and Mississippi.

If Kleban Properties succeeds in acquiring the GE property, Kleban said he hopes the technology hub he envisions for the site would provide more than the 800 jobs that GE reportedly had at its headquarters. “We hope to be able to exceed that, and with the help of the local government, and possibly at the state level, we will be able to do that,” he said in the statement. “Our goal is to provide for uplift to Fairfield in a major way with employment and great opportunities to those with a technological background that will radiate throughout the entire area.”

Al Kleban is joined by his son Ken Kleban, who serves as president, and grandson Evan Kleban, who manages acquisitions and development, in running the Fairfield-based business. The senior Kleban said the family has lived in Fairfield for 85 years, and “I think that we have a reputation that precedes whatever we plan to do. We have redeveloped the town of Fairfield and have made a substantial difference ... We intend to put all our effort into making this happen at the GE site.

“GE has been a great great neighbor and citizen in the state of Connecticut,” Kleban added in the statement. “I admire what they have done for the past 40 years and I can understand their motivation completely and now this is a new opportunity for us to address the situation.”