Joe Price
President
Management Professionals, Inc.
R&R Realty Group
West Des Moines, Iowa
Joe Price, president of Management Professionals, Inc., a subsidiary of R&R Realty Group, is an exemplary leader in commercial real estate management. With a remarkable career spanning more than 23 years at R&R, Price has overseen the management of over 12 million square feet of privately held and customer-owned commercial real estate.
Under Price’s guidance, R&R Realty Group has developed a robust and diverse portfolio that includes Class-A commercial office parks, industrial spaces, flex facilities, retail establishments, and residential buildings. This range showcases Price’s adeptness at managing various property types, from historic urban structures to cutting-edge, state-of-the-art office and industrial facilities.
His ability to tailor management strategies to meet the unique needs of each property has set a high standard in the industry. Notably, the Management Professionals team, which Price leads with more than 85 dedicated members, has consistently achieved customer satisfaction ratings exceeding 95%, underscoring their commitment to service excellence.
“I like that success in the property management profession demands that one wear many hats,” Price said. “We have to fully respect the interests of our customers, vendors, owners, and teammates. Technical knowledge of mechanical systems and financial planning is critical in an environment where cost control may be as important a driver as sustainability. There’s always a new challenge, and that keeps the days fresh and meaningful. It really is a great business.”
Price’s leadership style is rooted in a hands-on approach. He frequently makes personal visits to customers, ensuring their needs are met and expectations exceeded. His willingness to engage directly with clients exemplifies the high level of service for which R&R Realty Group is known and cements his team’s reputation as a top-tier management company.
Reflecting on his career journey, Price said, “My education and background were not in real estate, so when I began here 24 years ago, I was blessed with a great mentor. A positive attitude, an inquisitive mindset, and a relentless pursuit of problem-solving were instilled early. We never get too old to learn and improve.”
Beyond his professional responsibilities, Price is a committed industry leader and mentor. He has held several influential positions within the Building Owners and Managers Association (BOMA), actively contributing to the organization’s growth and future direction. His dedication to fostering the next generation of industry professionals is evident in his mentorship efforts and his promotion of professional development opportunities within his team.
Price’s impact extends beyond the workplace into the broader community. Over the years, he has volunteered with numerous organizations, including a nine-year tenure on the board of directors for Youth Emergency Services & Shelter, where he supported at-risk youth. He has also served as a board member and treasurer for the West Des Moines Community Foundation and contributed to Operation Downtown for the Greater Des Moines Partnership. Currently, Price serves on the board of directors for the Holy Family Catholic School Foundation and the executive advisory council for Iowa State University’s Master’s in Real Estate Development program.
Price’s commitment to fostering a vibrant company culture is evident in his participation in Des Moines Corporate Games events, where he competes in track and field, golf, and trivia. This engagement highlights his dedication to teamwork and camaraderie within R&R Realty Group.
Outside of work, Price cherishes time with his wife, their three adult children, and one granddaughter. He also enjoys playing golf and hockey, depending on the season.
