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.
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.
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.
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.
Since 2001, Hempel has acquired and developed more than $1 billion worth of office, retail, multi-family, residential, and parking assets.
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.
Canadian Pacific Plaza
A recapitalization project in downtown Minneapolis transformed an entire city block.
Despite national concern about the future of cities amid a surge in work-from-home arrangements, downtown Milwaukee continues to lure new companies and more jobs.
Enerpac Tool Group Corp. will relocate its corporate headquarters from its longtime home in Menomonee Falls to the ASQ Center, 648 N. Plankinton Ave. in Westown. The company is leasing 56,000 square feet of space, encompassing the entire fourth floor, for 130 employees.
Krsnak is a co-developer on The Avenue project in downtown Milwaukee that transformed the former Shops of Grand Avenue mall into offices and retail space. He doesn’t shy away from projects with a lot of moving parts.
About a year of work was needed to complete Enerpac’s 55,000-square-foot, 11-year lease on the ASQ Center’s fourth floor, said Krsnak, CEO of Hempel Milwaukee. Enerpac Tool Group on Feb. 21 confirmed plans to move its headquarters and about 130 employees from Menomonee Falls to downtown Milwaukee by the end of this year.
BizTimes Milwaukee first reported Tuesday that the global manufacturing company is planning to move its headquarters from Menomonee Falls to the ASQ Center, and the company officially announced the move in a press release Wednesday.