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
Marcus Hotels & Resorts, Hempel Real Estate and Robinson Park Close Acquisition of Loews Minneapolis Hotel
March 4th, 2024 - MINNEAPOLIS, MN
Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it, Hempel Real Estate, and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel. The property will be managed by Marcus Hotels & Resorts, effective today, and will be rebranded immediately as The Lofton Hotel under the Tapestry Collection by Hilton flag, making it the first Tapestry Collection hotel in Minnesota. The terms of the transaction were not disclosed.
Loews Minneapolis Hotel rebranded to the Lofton Hotel, now under Hilton name
March 4th, 2024 - MINNEAPOLIS, MN
The joint venture partnership announced in February that it had reached an agreement to buy the hotel for an undisclosed amount. A source close to the deal said the transaction closed for $21.15 million.
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
