Tom Rupprecht
Executive Vice President
R&R Realty Group
West Des Moines, Iowa.
With more than three decades of experience in commercial real estate and development, Tom Rupprecht has built a career defined by steady leadership, long-term vision, and an ability to execute complex projects at scale.
As Executive Vice President of R&R Realty Group, Rupprecht plays a central role in shaping the firm’s strategic growth while leading both ICON Construction and Management Professionals, Inc., two divisions critical to R&R’s integrated platform.
In 2025, the ICON Construction team generated more than $72 million in development revenue, a reflection of the depth and quality of projects completed under Rupprecht’s direction. Across his career, Rupprecht has led more than $1 billion in construction and development activity and has been instrumental in delivering more than10 million square feet of industrial and office space throughout Iowa and Nebraska.
In his current role, Rupprecht oversees construction and property management operations, guiding a team of more than 50 professionals. Nearly 400 businesses operate each day in buildings that Rupprecht helped bring from concept to completion, creating workplaces designed to support growth, productivity, and longevity.
“I enjoy seeing projects come together and knowing they’ll be used every day by businesses and their employees,” Rupprecht said. “Ground-up development is especially rewarding because you can see the direct impact a well-designed building has on a company, its employees, and the surrounding community.”
One of the most visible examples of that impact is the redevelopment of the Arcadia Building in West Des Moines, Iowa, where Rupprecht was an integral member of the project team. The transformation earned CoStar’s Redevelopment of the Year and was named runner-up for Redevelopment of the Year by the Des Moines Business Record. Originally constructed in the 1990s as a 272,000-square-foot single-tenant office building, Arcadia was repositioned into a Class-A office property featuring modern amenities and a refreshed design. The project leased to stabilization within 12 months.
The redevelopment included a state-of-the-art conference center, childcare center, Starbucks kiosk, resort-style fitness center, pickleball courts, and the conversion of more than four acres of excess parking into landscaped greenspace. The result was a workplace that reflects evolving tenant expectations while strengthening the surrounding community.
“I’ve had the opportunity to work in property management, brokerage, construction, and development during my career with R&R Realty Group,” Rupprecht said. “Those experiences have given me a practical understanding of how the entire commercial real estate process works from start-to-finish and how decisions in one area affect the rest of a project.”
Beyond the office and jobsite, Rupprecht is equally committed to service. He serves as a board member for Iowa Homes for Heroes, a nonprofit focused on building and donating homes for veterans and first responders.
Rupprecht’s civic and industry involvement also includes leadership roles with the Entrepreneurs Organization, Boys & Girls Clubs of Central Iowa, Candeo, and NAIOP, where he mentors emerging leaders and supports initiatives that strengthen the commercial real estate industry.
