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n a strategic move, Tributary Real Estate has welcomed Billy Woodward and Brian Craig as vice presidents of Investments, marking the launch of Tributary Real Estate Investments (TRE Investments), a new vertical dedicated to savvy commercial real estate investments. This expansion comes at an opportune time for Denver's office market, where discounted pricing on commercial assets is creating a fertile ground for disruptors and new investors.
"Tributary is poised to capitalize on this moment," said Andy Cullen, managing broker and partner. "With the right team in place, we're well-equipped to pursue strategic investments that maximize returns while aligning with our vision for a thriving Denver."
Amy Aldridge, partner at Tributary, emphasized the importance of Woodward's and Craig's diverse yet complementary experience in driving TRE Investments' success. Their expertise spans asset management, underwriting, lender and equity relationships, and embodies Tributary's core values.
TRE Investments will serve as a partner and sponsor for opportunistic mixed-use and office investments, employing a disciplined investment strategy that prioritizes long-term fundamentals over short-term market positioning. This approach will enable clients to identify high-potential properties and deploy capital effectively. Tributary's expertise in office leasing will provide valuable insights into tenant needs, ensuring investments are positioned for continued success.
"We're well-positioned to capture significant value on behalf of our clients," said Craig. "With historically low values in the office market, there's ample opportunity out there." Woodward added, "We're excited to join Tributary and grow the investment platform."
Woodward brings over a decade of commercial real estate experience, focused on principal portfolio growth and management. He previously served as Colorado Market Leader at Unico and held roles with Transwestern, Newmark, and Lincoln Property Company. Craig joins with a strong background in appraisal, capital markets brokerage, and asset management, offering a nuanced perspective from various facets of the industry.
"We're building something that goes beyond traditional investment – treating investors as partners, not just clients," concluded Woodward. "We see opportunity where others may not, and we're excited to help shape the future of commercial real estate in Denver."
Tributary recently played a pivotal role in the acquisition of Centerpoint I and II, a 375,000-square-foot office property in Denver. The deal, in partnership with Tuff Shed CEO Tom Saurey and Dunton Commercial, represented the largest acquisition in terms of square feet in metro Denver in the fourth quarter of 2024.
