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 is in turnaround projects that add 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.
Not only is our success in acquiring and developing commercial real estate, but also as asset and property managers on all of our investments.
Trusted, innovative, effective – all foundational qualities to Hempel’s success and at the heart of every transaction.
Milwaukee Brewers Ryan Braun and Christian Yelich are new investors in downtown’s The Avenue redevelopment
August 13, 2019 by Tom Daykin, Milwaukee Journal Sentinel - One of downtown Milwaukee's biggest redevelopment projects has landed two well-known investors: Ryan Braun and Christian Yelich. The two Milwaukee Brewer outfielders "are making significant investments" in The Avenue, the new name for the former Grand Avenue mall, it was announced Tuesday.
Brewers stars Braun, Yelich investing in Grand Avenue redevelopment
August 13, 2019 by Sean Ryan, Milwaukee Business Journal - Milwaukee Brewers stars Ryan Braun and Christian Yelich are making “significant” investments into the ongoing redevelopment of the former Shops of Grand Avenue in downtown Milwaukee.
A Grand Update on The Avenue
July 14, 2019 by Jerramy Jannene, Urban Milwaukee - Work is steadily progressing on the transformation of the former Shops of Grand Avenue mall into a mixed-use development known as The Avenue. Engineering firm GRAEF will move its headquarters and 170 jobs to a new space on the mall’s third floor.
Project would redevelop part of Apple Valley church property
July 3, 2019 by Patty Dexter, SUN Thisweek - Proposed plans to develop a piece of Hope Church’s property in Apple Valley are headed to the City Council for consideration. Hempel is seeking to subdivide a 35,910-square-foot parcel from the 7.2-acre Hope Church to construct the building.
Hempel buys former Dairy Queen headquarters for $7M
April 11, 2019 By William Morris, Finance & Commerce - If the former Dairy Queen headquarters in Edina can’t be turned into apartments, Hempel Cos. is more than happy to keep it as offices. Minneapolis-based Hempel is buying the IDQ Building at 7505 Metro Blvd. in Edina for $7...