Hempel Real Estate Logo

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.


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.

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.


Canadian Pacific Plaza

A recapitalization project in downtown Minneapolis transformed an entire city block.


$23.6 M


SOLD 2015

$68.5 M


Recent News

160 workforce apartments planned near The Avenue in downtown Milwaukee

July 11, 2023 - MILWAUKEE, WI

The developers of The Avenue in downtown Milwaukee could build 160 apartments in a vertical addition to the nearby former Gimbels parking structure.


Downtown Minneapolis' LaSalle Plaza trades at a steep discount

June 28, 2023 - MINNEAPOLIS, MN

Distressed downtown Minneapolis office tower LaSalle Plaza has been acquired by a local developer at a steep discount from the previous sale price.


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.