Making lives better by making buildings better.

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.

ACQUIRED 2011

$23.6 M

48% OCCUPANCY

SOLD 2015

$68.5 M

98% OCCUPANCY

Recent News

Burlington to open its first discount store in Rochester in early May

May 1st, 2024 - ROCHESTER, MN

Burlington,the first of a pair of national discount retailers to bring new-to-Rochester names to the Med City, has moved up the opening date of its store to early May.

The New Jersey-based Burlington, formerly known as the Burlington Coat Factory, will open its doors at 4603 Maine Ave. at 9 a.m. on May 10 to kick off its grand opening weekend. This is earlier than the May 24 opening that Burlington previously scheduled.

The 25,500-square-foot store occupies half of theformer Dick's Sporting Goods Big Box building.

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