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Hempel Companies logo

Hempel Companies

Minneapolis, MN 11–50 employees 41 principals

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Last updated 1w ago

About Hempel Companies

Hempel Companies is a real estate operator headquartered in Minneapolis, MN. Hempel Companies operates in Milwaukee, Wisconsin and Minneapolis-St.Paul, Minnesota. Its investment focus is on Covered Land & Land Banking, Industrial and Medical Office & Healthcare.

Hempel Companies is a privately held commercial real estate firm founded in 2001 and based in Eden Prairie, MN, with a secondary office in Milwaukee, WI. The company operates with a lean team of approximately 11–50 employees. Over 23 years of operation, Hempel has acquired and developed more than $1 billion in assets spanning office, retail, multi‑family residential, hospitality, parking and industrial properties across Minneapolis–St. Paul and Milwaukee. Hempel focuses on new development, adaptive re‑use and turnaround projects in underperforming assets. Their current portfolio includes over 30 properties such as office towers, mixed‑use buildings, hotels, parking decks, retail plazas and 540 000 ft² of industrial space planned or underway. The firm recently launched a $300 million industrial venture with TPG Angelo Gordon for Midwest development, including the Brockton Business Park in Corcoran, MN.

Principals at Hempel Companies

Principal details are a Pro feature

41 principals on file

Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.

Recent activity at Hempel Companies

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Hempel Companies's project portfolio

No projects on file for Hempel Companies yet.

Markets and themes

Markets Hempel Companies operates in

  • Milwaukee, Wisconsin
  • Minneapolis-St.Paul, Minnesota

Investment themes at Hempel Companies

  • Covered Land & Land Banking
  • Industrial
  • Medical Office & Healthcare
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Standalone Retail
  • Urban Office
  • Workforce Housing

Capabilities

  • Asset Management
  • Construction Management
  • Economic Development
  • Mixed Use
  • Public-private partnerships
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to Hempel Companies

  • Edge Realty Partners
    Established tierMedical Office & HealthcareMultifamily - Ground-up+6 more themes
  • R2 Companies
    Established tierMinneapolis-St.Paul, MinnesotaMilwaukee, WisconsinMultifamily - Ground-upIndustrial+4 more themes
  • Ellicott Development Company
    Established tierCovered Land & Land BankingIndustrial+6 more themes
  • IRA Capital
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  • The Daimler Group
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  • Westmount Realty Capital
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  • Saunders Construction
    Established tierWorkforce HousingIndustrial+5 more themes
  • Taconic Partners
    Established tierWorkforce HousingIndustrial+5 more themes
  • Velocis
    Established tierWorkforce HousingIndustrial+5 more themes
  • Oppidan Investment Company
    Established tierMilwaukee, WisconsinMinneapolis-St.Paul, MinnesotaIndustrialStandalone Retail+2 more themes

Frequently asked questions about Hempel Companies

What does Hempel Companies do?
Hempel Companies is a privately held commercial real estate firm founded in 2001 and based in Eden Prairie, MN, with a secondary office in Milwaukee, WI.
Where is Hempel Companies based?
Hempel Companies is headquartered in Minneapolis, MN.
What markets does Hempel Companies operate in?
Hempel Companies is active in Milwaukee, Wisconsin and Minneapolis-St.Paul, Minnesota.
How many employees does Hempel Companies have?
Hempel Companies has 11–50 employees.
Hempel Companies cover image

Hempel Companies at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
<1,000
Units managed
<1,000
Property mgmt
Self-Managed
Markets
2
Principals
41

Contact Hempel Companies

LaSalle Plaza 800 LaSalle Ave Suite 1250 Minneapolis, MN 55402
hempelcompanies.com