Making lives better by making buildings better.

We provide more than just commercial real estate services: we breathe new life into properties.

Creating value.

Transforming communities.

HEMPEL acquires, develops, and redevelops commercial real estate throughout the Midwest. Our expertise in turnaround projects adds value for tenants, neighborhoods, and cities.

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

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.

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.

ACQUIRED 2011

$23.6 M

48% OCCUPANCY

SOLD 2015

$68.5 M

98% OCCUPANCY

Recent News

3rd Street Market Hall named Best Renovation - Retail by Milwaukee Business Journal

May 17, 2023 - MILWAUKEE, WI

Marketed as an all-ages space, the hall includes entertainment like Topgolf Swing Suites, Photoverse Selfie Museum and a 50-seat central bar. Free attractions include shuffleboard, a gaming lounge, and backyard games such as giant Jenga and bags.

READ MORE

Defying Doomsday - As work-from-home continues, downtown Milwaukee buildings holding their own. 

March 3, 2023 - MILWAUKEE, WI Downtown defies doomsday: Milwaukee offices hold their own in WFH era.

Capital First Trust is doing its best to keep employees happy, and this year plans to leave its current Walker's Point office space. 

READ MORE

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