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.

Hempel Acquires Target Anchored Land in Champlin

Hempel Acquires Target Anchored Land in Champlin

Hempel recently acquired Target-anchored land in Champlin, MN. The two parcels combined are 4.28 acres and are the only remaining parcels in the Target-anchored development. Hempel plans to market the land for lease or for sale, and aims to find suitable tenants to...

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New owners envision new attractions at Shops of Grand Avenue

Josh Krsnak, president of Minneapolis-based retail and office property owner Hempel Cos., recently joined with Milwaukee investors Tony Janowiec and Chuck Biller to buy the Shops of the Grand Avenue. By Tom Daykin of the Milwaukee Journal Sentinel, Jan. 8, 2016 A...

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Hempel Acquires Grocery Anchored Retail Center in Albertville

In an effort to continue expanding and diversifying its portfolio, Hempel recently acquired Albertville Crossing, a 105,000 square foot grocery-anchored shopping center located just south of I-94 in Albertville, Minnesota. The center boasts a Coborn’s Superstore,...

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Hempel Breaks Ground on New Edina Realty in Apple Valley

Hempel is pleased to announce the construction of a new Edina Realty building in the Cobblestone Lake retail development in Apple Valley. Located on the corner of 155th Street and Pilot Knob Road, the building is situated in a high-traffic location anchored by a Super...

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Hempel Sells the Historic Rand Tower

Hempel sold the historic Rand Tower, a 26-story art deco building constructed in 1929, to Portland-based Felton Properties. The 145,000-square-foot class B office building in downtown Minneapolis underwent $2.5 million worth of renovations after Hempel and Alex Brown...

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Hempel Purchases Lafayette Business Center in West St. Paul

In an effort to continue to expand its portfolio and offer multiple varieties of space, Hempel recently purchased the Lafayette Business Center in West St. Paul. Lafayette is a 31,500-square-foot, office/warehouse building on the Northwest corner of Highway 52 and...

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