Hempel Real Estate

Hempel is a Midwest-based commercial real estate firm specializing in acquiring, developing, and redeveloping properties that create long-term value for tenants, investors, and surrounding communities. Since 2001, the company has built a reputation for transforming underperforming assets into high-performing properties through strategic repositioning, adaptive reuse, and innovative redevelopment. Their mission is rooted in making lives better by making buildings better—an approach that has guided more than two decades of successful real estate execution.

With expertise spanning office, retail, multifamily, residential, and parking assets, Hempel offers full lifecycle commercial real estate services, including investment, development, leasing, asset management, and property management. The firm’s value-add strategy focuses on breathing new life into properties through physical improvements, operational enhancements, and strategic partnerships. This hands-on, data-driven approach has helped Hempel generate meaningful returns while revitalizing entire neighborhoods and city blocks, as seen in standout projects like the Canadian Pacific Plaza transformation in downtown Minneapolis.

Supported by a team of experienced problem-solvers, Hempel continues to expand its footprint across Minneapolis, St. Paul, Milwaukee, and the broader Midwest. Their impact is visible not only in their $1B+ development and acquisition track record but also in their commitment to sustainable community improvement. Whether repositioning retail centers, driving industrial development through strategic joint ventures, or activating new mixed-use neighborhoods, Hempel remains a trusted leader in commercial real estate innovation and value creation.