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The first post-COVID office building bargain is paying off at downtown Minneapolis’ LaSalle Plaza

  • Posted on August 24, 2026
  • By Star Tribune
  • 1 Views
  • 1 min read
In brief

Hempel Real Estate's strategic acquisition of LaSalle Plaza in downtown Minneapolis emerged as a shrewd post-pandemic investment, delivering exceptional returns ahead of schedule. The company exceeded its three-year leasing projections, demonstrating strong market demand for revitalized office spaces in urban centers. This success story highlights how adaptive real estate strategies and property repositioning can capitalize on changing workplace dynamics and tenant preferences in the evolving commercial real estate landscape.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

The first post-COVID office building bargain is paying off at downtown Minneapolis’ LaSalle Plaza
The first post-COVID office building bargain is paying off at downtown Minneapolis’ LaSalle Plaza

Minneapolis-based Hempel Real Estate beat leasing targets three years early.
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Author
Star Tribune

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