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Real estate development is often a slow-moving, consensus-building process bound by red tape and enveloped in legal documentation. The results can be dramatically more successful when a development firm employs a different approach.An approach that relies upon a well-earned reputation for visionary solutions demanded by the ever-changing market. Solutions that create and recreate viable, profitable uses that respond to both the needs of the market and the community. Hempel perfected this approach.
Hempel develops, redevelops and acquires commercial real estate;
retail, office, hospitality and multifamily. We operate in an environment established in 2001 by our founder, Jon Hempel, which supports the delivery of three principles on every development:
Impeccable business practices and reporting
Vanguard thought on real estate development and the process involved
Collaborative efforts that unite the foremost talents in this industry
We find the tools and build the relationships driven by these principles.
Property Management:
Hempel provides quality, convenient, cost-effective services that focus on protecting the value of the managed assets. To ensure quality service we implement several management objectives specific to each property, including minimizing vacancies through positive relationswith tenants, reducing operating costs, and maximizing efficiency in all fiscal operations and physical aspects of properties. We apply best practices to insure the highest level of consistent quality and service.
Asset Acquisition:
Hempel sees the value in under performing assets and implements a turnaround strategy that increases the aesthetics and functionality of the property. In employing these measures, along with aggressive and responsive leasing tactics, Hempel is able to increase occupancy in their properties.
Property Development:
In addition to turnaround projects, Hempel also develops new property to meet market demands. Currently the company has office, retail, and multi-family projects under development.
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