News
View the latest news releases and media coverage on Hempel’s business, properties and people.
Media: For information and interviews, please contact Ben Krsnak at ben@hempelcompanies.com or 612-355-2608.
Downtown Milwaukee Grand Avenue mall buys neighboring office/retail space, parking ramp
by Tom Daykin, Milwaukee Journal Sentinel The operators of downtown Milwaukee's redeveloping Grand Avenue mall have bought some neighboring office and retail space, and another parking structure. The 150,000 square feet of commercial space is mainly in the northern...
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Hempel, Reuter Walton partner on downtown apartments
by William Morris Finance and Commerce Hempel Cos. has long specialized in redevelopment projects, but the developer is jumping into multifamily construction on a site next to the Thrivent Financial headquarters in downtown Minneapolis. The Minneapolis-based...
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Apartment building behind Thrivent breaks ground; Reuter Walton named lead contractor
By Patrick Rehkamp Minneapolis / St. Paul Business Journal A long-awaited apartment complex behind Thrivent Financial's current headquarters broke ground, and Reuter Walton Cos. joined the project as the contractor. Yesterday, Thrivent, Interstate Parking and Hempel...
read moreDeveloper Jon Hempel remade a block in Minneapolis and buildings throughout Twin Cities
by Jim Buchta, Star Tribune When Jon Hempel got his real estate license, he went vertical right away. His first purchase was a St. Paul office building, and they just kept getting bigger. His specialty was turning around underperforming commercial buildings, including...
read moreRemembering the Unsinkable Jon Hempel
by Clare Kennedy, Minneapolis St. Paul Market Reporter, CoStar Group When Josh Krsnak met the late Jon Hempel, he had some modest hopes of owning a duplex. Little did he know that Hempel would draw him into a real estate investment empire with $750 million in...
read moreDeveloper Jon Hempel remembered for his tenacity
by Brian Johnson, Finance and Commerce Jon Hempel, a prolific real estate developer who acquired and developed scores of properties in the Twin Cities and beyond, was remembered by his longtime business partner Monday as a tenacious visionary with a great mind for...
read moreJon Hempel, founder of Minneapolis real estate firm, dies at age 47
by Nick Halter, Minneapolis/St.Paul Business Journal Jon Hempel, who founded Minneapolis real estate company Hempel Cos, died Thursday at age 47 after a three-year battle with brain cancer. Hempel founded the company in 2001, over the years acquiring and developing...
read moreJon Hempel, founder of Hempel Cos. real estate firm, dies
by Nicole Norfleet, Star Tribune Jon Hempel, founder of Minneapolis development company Hempel Cos., has died. Hempel, 47, passed away Thursday, after a three-year battle with brain cancer. In 2001, Hempel started the real estate company, which has grown to acquire...
read moreRock Elm Tavern restaurant expanding to Maple Grove
By Dan DeBaun, Minneapolis St. Paul Business Journal Restaurateur Troy Reding, who just opened Holman's Table restaurant at Holman Field airport in downtown St. Paul, has lined up another deal to open a second Rock Elm Tavern. Reding signed a lease to open a Rock Elm...
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Wild get their first look at their new St. Paul practice facility with a view
By Jessi Pierce, The Athletic “I hear we got a good view here.” Minnesota Wild goaltender Alex Stalock wasn’t wrong with his first impression of TRIA Rink, Minnesota’s shiny new practice facility, located roughly four blocks from Xcel Energy Center in the old Macy’s...
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