Tributary Real Estate, a leading commercial real estate firm based in Colorado, has announced the addition of Billy Woodward and Brian Craig. Both joining as vice presidents of Investments, the team joins to launch Tributary Real Estate Investments (“TRE Investments”), a new vertical dedicated to strategic commercial real estate investments.
“Denver’s office market is at a pivotal moment, as discounted pricing on commercial assets continues to create an attractive ecosystem for disruptors and new investors. With the right team in place, we are well-positioned to pursue strategic, long-term investments that maximize returns while aligning with our vision for a thriving Denver,” said Andy Cullen, managing broker and partner at Tributary.
Amy Aldridge, partner at Tributary, added, “Bringing Billy and Brian on to lead TRE Investments was a clear choice. Their diverse yet complementary experience, from asset management to underwriting to lender and equity relationships, will help drive the new vertical’s success and, more than anything, they embody Tributary’s core values.”
TRE Investments will act as a partner and sponsor for opportunistic mixed-use and office investments. TRE Investment’s disciplined investment strategy – prioritizing long-term fundamentals over short-term market positioning – will support clients in identifying high-potential properties and deploying capital for acquisition. Tributary’s already deep expertise in office leasing will provide a valuable lens into what tenants are looking for, ensuring that investments are positioned for continuing success.
“With deep local insights and property familiarity across the metro Denver office market, we are positioned to capture significant value on behalf of our clients. And with historically low values in the office market, there is ample opportunity out there,” said Craig. “Billy and I are thrilled to join the Tributary team and grow the investment platform.”
Woodward brings over a decade of commercial real estate experience to his new role, focused on principal portfolio growth and management. He most recently served as Colorado Market Leader at Unico and has held previous 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. Prior to
joining Tributary, Brian served as the senior asset manager at Urban Villages, where he focused on the firm’s office and retail portfolios.
“We are building something that goes beyond traditional investment – treating investors as partners, not just clients. We see opportunity where others may not, and we’re excited to help shape the future of commercial real estate in Denver,” concluded Woodward.
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, at the time of the sale.
