Rick Tollakson

President and CEO

Rick Tollakson is responsible for the strategic operations for Hubbell Realty Company and its multiple subsidiaries including land and building development, commercial asset and property management, Hubbell Apartment Living, CBRE/Hubbell Commercial, Hubbell Homes and Hubbell Construction Services.  Rick joined Hubbell Realty Company in 1984 and was promoted to President and CEO in 2004.

The Hubbell team is most proud of the “extreme builds” completed under Rick’s leadership. In September 2006, Rick led his Hubbell team and more than 200 trade partners in building a new home for an Iowa family on ABC’s “Extreme Makeover: Home Edition.”

In September 2009, the Hubbell team, together with their trade partners, built “9 Homes in 9 Days” for Anawim Housing, a project that transformed the Forest Avenue neighborhood.

In September 2013, Hubbell Realty Company completed “Cabins for Campers 24/7” for Easter Seals Iowa’s Camp Sunnyside.  This week-long project replaced the 1960s vintage cabins with two 7,500+ SF dormitory-style cabins that are handicap-accessible, energy-efficient and include an interior storm shelter.  These two cabins will serve more than 2,400 Easter Seals Iowa campers every year.

Hubbell Realty Company completed its fourth and largest “extreme build” at the Ronald McDonald House of Central Iowa in September 2017.  Together with more than 100 trade partners and nearly 1,000 volunteers, the Hubbell team worked around-the-clock to complete the 18-bedroom, 18-bathroom house. The new Ronald McDonald House now totals more than 17,000 square feet featuring three kitchens, updated office space and board rooms, multiple family rooms, a $20,000 playground and 31 parking spaces.



Bachelor of Science Construction Engineering
Iowa State University

Master of Business Administration
University of Iowa


Greater Des Moines Partnership
Board of Directors
Executive Committee

Des Moines Downtown Community Alliance
Board of Directors Co-Chair

Des Moines Redevelopment Company
Board of Directors
Executive Committee

Iowa State University Civil, Construction and Environmental Engineering Industry
Advisory Board

Greater Des Moines YMCA
Metro Board of Directors
Executive Committee Chair

Taxpayers Association of Central Iowa
Board of Directors

Iowa Association of Business and Industry
Board of Directors

Central Iowa Water Trails
Steering Committee Chair

City of Des Moines
Plan DSM Committee Member

Big Brothers Big Sisters of Central Iowa
Honorary Board Member


Hubbell Realty’s Core Values:
  1. Associates who have a passion to do and be their best
  2. Entrepreneurial attitude
  3. Engineering mindset of process improvement
  4. Leading provider of real estate solutions today and tomorrow
  5. Accuracy and speed – measure twice, cut once
  6. Hubbell raving fan
  7. Teamwork
  8. HAVE FUN!