Case Studies

With over 2 million square feet managed and over $400,000,000 assets under management, Hempel has a proven track record of using successful turnaround strategies.

CASE STUDY:

Treasure Island Center

The former Macy’s department store was an old building in need of a new use.

PROJECT COST

$71.3 M

SQUARE FEET

280,000

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

tenant representation CASE STUDY:

IDS Center

Hempel relocated the client on an extremely short timeline due to a new redevelopment project within the Minneapolis CBD.

TERM

60 month

SQUARE FEET

10,510

CASE STUDY:

Capella Tower 

Capella Tower...Hempel relocated the client on an extremely short timeline due to a new redevelopment project within the Minneapolis CBD.

TERM

91 month

SQUARE FEET

6,380 

tenant representation CASE STUDY:

U.S. Bancorp

The client changed its lines of business during an expansion and recongifiguration of their space at U.S. Bancorp. 

TERM

65 month

SQUARE FEET

7,037

tenant representation CASE STUDY:

Capella Tower

Hempel relocated the client to a trophy Class A building in Downtown Minneapolis on a short timeline and economic budget. 

TERM

91 month

SQUARE FEET

6,380

Better Properties. Exceptional Management.

Strategic Investments.

Minneapolis, Minnesota