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Hubbell Realty company completes sale of The Stadium

West Des Moines (December 23, 2010) – Hubbell Realty Company announced the sale of their collegiate and professional athletic apparel and accessories store, The Stadium, to Cory Moore.
“Our goal when we opened the store nearly five years ago was to provide the downtown retail market with a new business that fulfills an unmet need.
We believe the Stadium, which specializes in Iowa and Iowa State collegiate wear as well as a variety of other collegiate and professional sportswear was the perfect fit. Our goal was not to own the business long-term, but to start a business that we believe would be successful and to sell that business to a long-term operator,” said President and CEO of Hubbell Realty Rick Tollakson.
The store opened in November 2005 in the space that was the former Laura Ashley store. The opening of The Stadium Store helped to create a new vibrancy and excitement for the mall. In 2008, Hubbell opened the Brilliant Sky Toy and Book Store that it continues to own and manage. Hubbell continues to seek out opportunities to partner with aspiring entrepreneurs who have a retail concept that could work in a downtown environment. “Sometimes it takes a creative and entrepreneurial approach to address issues in a challenging environment.
The Stadium Store is certainly a successful example of thinking outside the box,” said Kelly Sharp, vice president of Hubbell Retail Operations. “We are incredibly proud to transition this business over to Cory Moore who has managed the store for five years” added Tollakson, “Today’s announcement is a result of successfully growing The Stadium into a profitable company.” “I am thrilled at the opportunity Hubbell Realty has extended to me,” said Cory Moore. “The Stadium has steadily proven to be successful in the downtown Kaleidoscope Mall and I am excited to take on this venture.”

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