HEMPEL acquires, develops, and redevelops commercial real estate throughout the Midwest. Our expertise in turnaround projects adds value for tenants, neighborhoods, and cities. We provide more than just commercial real estate services: we breathe new life into properties.
Creating value.
Transforming communities.
What we do
Hempel is a commercial real estate firm based in the Midwest. We have experience on every level of a real estate transaction, and we specialize in new and adaptive re-use projects.
Invest
By combining strategic partnerships, a value-add focus, and a diverse portfolio, Hempel aims to offer well-rounded investment opportunities that generate strong returns while effectively managing risk in the dynamic world of real estate.
Leasing
We think full buildings are better than empty ones. Our experienced brokers know how to get the deal done.
Who we are
We are a team of innovative problem-solvers with experience on every level of commercial real estate.
Our Properties
Since 2001, Hempel has acquired and developed more than $1 billion worth of office, retail, multi-family, residential, and parking assets.
Better strategies.
Better buildings.
Hempel has a solid track record of acquiring and developing commercial real estate. We also act as asset and property managers on all of our properties.
Trusted, innovative, effective – all foundational qualities to Hempel’s success and at the heart of every transaction.
CASE STUDY:
Canadian Pacific Plaza
A recapitalization project in downtown Minneapolis transformed an entire city block.
Recent News
Hempel Real Estate expands industrial portfolio with Eagan acquisitions
October 14th, 2025 - EAGAN, MN
Hempel Real Estate, in partnership with TPG Angelo Gordon, has acquired two industrial buildings located at 2945 and 2985 Commers Drive in Eagan, Minnesota. The investment marks the second acquisition under the Hempel–TPG Angelo Gordon partnership, which is focused on high-quality industrial opportunities across the Twin Cities.
The two properties total more than 200,000 square feet and are well positioned near major highways and Minneapolis–St. Paul International Airport. As part of the transaction, Hempel signed a long-term lease with Buske Lines Inc. for the entire 100,000-square-foot building at 2985 Commers Drive.
Looking for space?
Hempel’s portfolio features a diverse collection of properties in
Minneapolis, St. Paul, and Milwaukee. Get in touch with a Hempel broker today.
ST. PAUL, MINNESOTA
