Making lives better by making buildings better.
We provide more than just commercial real estate services: we breathe new life into properties.
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.
Since 2001, Hempel has acquired and developed more than $1 billion worth of office, retail, multi-family residential, hospitality, and parking.
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.
Strategic partnerships are the cornerstone of Hempel’s development and investment success.
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.
The Avenue Wins Milwaukee Business Journal Award for Best Deal of the Year
May 7, 2020 - The Beatles once sang about taking a sad song and making it better. They might have been singing about the erstwhile Grand Avenue Mall.
April 13, 2020 - What for more than three decades was a popular downtown Milwaukee food court has now become home to one of Milwaukee's most prominent engineering firms, complete with skylights, open space and its own cafe named after the former Grand Avenue Mall. Check out this winner in our annual Milwaukee's Coolest Office contest.
April 10, 2020 - The 3rd Street Market Hall announced a partnership Friday with Braun and Yelich as well as several local companies to provide meals for front-line healthcare workers at four major hospital netowrks . . .
February 24, 2020 - The operators of the Treasure Island Center in downtown St. Paul are welcoming the arrival of three new businesses in the city-funded redevelopment. The Pillbox Tavern and Red's Savoy Pizza will open next month in the building that housed the former Dayton's / Macy's department stores. The St. Paul Event Center opened last week.
February 17, 2020 - . . . Within a once-storied business corridor now short on retail options, bringing vitality back downtown has been a slow but important climb for Treasure Island Center. "We've got something for everyone, from hockey to pizza," said Andrea Novak, a vice president of marketing and public relations for the Port Authority. "Obviously, things took a little longer than we anticipated. But 2020 is going to be a nother big year . . . When you see three different tenants who are all doing build-outs at the same time, that's a big deal. They all fit so well.
Brewers stars Ryan Braun, Christian Yelich team up to give back to their L.A. and Milwaukee communities
January 7, 2020 - . . . Brewers stars Ryan Braun and Christian Yelich happen to live in Malibu, California, work in Milwaukee, and are not only investing into their two communities with their checkbooks, but much more precious, their heart and commitment . . . When the two former National League MVPs attend the Brewers On Deck Fan Fest in Milwaukee, they'll stop by The Avenue project on the west side of downtown. This is where they invested money, time, and their hearts into helping renovate and develop a desolated three-block urban mall into offices, apartments, and a 40,000 square foot food hall with 24 vendors.
January 3, 2020 - A regional real estate firm bought a 180,00 square foot property in Eden Prairie's Golden Triangle in late December and plans to develop the area in anticipation of changes brough by the Southwest Light Rail Transit line, according to the company's vice president. Hempel Real Estate, which owns and operates office and retail property in Minnesota and Milwaukee, finalized its purchase of the Crosstown Preserve office building at 10050 Crosstown Circle on Dec. 18, Hempel's vice president Ben Krsnak told Eden Prairie News. Hempel also bought the site of a closed restaurant at 11528 Leona Road and a parking lot, which are adjacent to the Crosstown Preserve building, a news release from Hempel says.