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 firstname.lastname@example.org or 612-355-2608.
Food hall with places to play and an anchor business tenant making Milwaukee’s Grand Avenue mall a destination
by Tom Daykin, Milwaukee Journal Sentinel The transformation of Milwaukee's Grand Avenue mall from a sad shell to a cutting edge development takes a huge step forward Thursday with the announcement of plans for a food hall featuring more than 20 local vendors and an...read more
by Sean Ryan, Milwaukee Business Journal The long-planned transformation of the Shops of Grand Avenue is moving forward as the owners create a food hall in its first floor, upper-floor office space and prepare to open new apartments. Criticized for more than 10 years...read more
by William Morris, Finance and Commerce Hempel Cos. plans to convert a former printing plant at 801 Ninth St. SE in Minneapolis into 50,000 square feet or more of creative office space. Read more hereread more
By Anne Bretts, Finance and Commerce Minneapolis-based Hempel Cos. has targeted the underperforming Concorde Executive Center in Brooklyn Center for a makeover, and it’s not wasting any time getting started. Read more hereread more
by Nick Halter, Minneapolis / St. Paul Business Journal After years of traveling around the Twin Cities to find ice time, the Minnesota Wild will enjoy its first season with a dedicated practice facility and locker room just a few blocks from Xcel Energy Center. The...read more
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...read more
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...read more
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 more
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 more
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 more