Tributary Real Estate INSIGHTS
Tuff Shed founder buys Denver office towers
The property’s price was a major reduction, but it’s the largest acquisition in the Denver-metro area by size this quarter.
Denver Market Update: Q4 2024
Welcome to Tributary’s Quarterly Market Update, where we take you through the latest stats, trends and figures surrounding Denver’s office submarkets. In this final segment of the year, we hear from our Associate Brokers Max Stanton and Ryan Periona.
Re-considering your office market strategy? Reach out to our team.
Top Five Trends Shaping Denver’s Commercial Real Estate Landscape
As we approach 2025, the commercial real estate landscape here in Denver is marked by both ongoing economic pressures and emerging opportunities. At Tributary Real Estate, we’re anticipating several key trends that will impact not only investors but also owner-users, tenants, and the broader industry in the coming year. Below, we’ve highlighted the top five trends to look out for in 2025.
1. Increased Office Leasing Activity Without Significant Rent Reductions
Contrary to earlier predictions, office leasing activity has picked up in 2024, and we expect this trend to continue into 2025. […]
Growing Law Firm, Garnett Powell Maximon Barlow & Farbes, Signs New Lease at 1125 Seventeenth Street in Downtown Denver
New 21,000-SF space allows for intentional growth with over 30 dedicated offices and collaborative workspaces
DENVER (October 28, 2024) – Tributary Real Estate (“Tributary”), a commercial real estate brokerage firm based in Colorado, today announced the new long-term lease of 21,040 square feet of space to Garnett Powell Maximon Barlow & Farbes (GPMBF) at 1125 Seventeenth Street, a Class A office tower in downtown Denver owned by global real estate investment manager, Hines.
GPMBF is a boutique trial and litigation firm specializing in complex commercial […]
Denver Market Update: Q2 2024
Welcome to Tributary’s Quarterly Market Update, where we take you through the latest stats, trends and figures surrounding Denver’s office submarkets. In this segment, we hear from Partners Andy Cullen and Amy Aldridge
Re-considering your office market strategy? Reach out to our team.
Health Equity-Focused Foundation The Colorado Trust Relocates Headquarters to The Hub North in RiNo
New, 14,000-SF space allows for greater efficiencies and mission-aligned workspaces, supporting employee wellness
DENVER (July 16, 2024) – Tributary Real Estate (“Tributary”), a commercial real estate brokerage firm based in Colorado, today announced the successful lease negotiation for The Colorado Trust‘s new 14,000-square-foot, full-floor headquarters at The Hub North, located in Denver’s River North (RiNo) Art District.
The Colorado Trust is a private philanthropic foundation that was founded […]
Denver Market Update: Q1 2024 With Laura Swank
Welcome to Tributary’s Quarterly Market Update, where we take you through the latest trends in Denver’s office market. In this edition, Tributary Partner and Managing Broker Andy Cullen talks with special guest, Laura Swank, Founder of Strategic Change Solutions (SCS). SCS is a workplace strategy firm delivering organizational change, wide-scale transformation and enterprise capability-building solutions.
Re-considering your office strategy? Reach out to our team.
CRE Receivership: Protecting Tenant Interests
With persistent high interest rates and falling values in many urban commercial real estate asset types, the industry faces a major challenge in 2024 and years to come: a looming wall of hundreds of billions of dollars in loan maturities. This complex issue promises to have ripple effects far beyond the real estate industry and has the potential to impact the broader economy in a number of crucial ways.
The lack of robust capital markets transactions in the past twelve months in combination with lender flexibility in extending loan terms has […]
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New Consortium Launches Colorado Hub for Health Impact, a National Economic Development Campaign to Attract Health Innovation Companies to the State GalleryNew Consortium Launches Colorado Hub for Health Impact, a National Economic Development Campaign to Attract Health Innovation Companies to the State
New Consortium Launches Colorado Hub for Health Impact, a National Economic Development Campaign to Attract Health Innovation Companies to the State
Colorado Hub for Health Impact, a new national economic development campaign elevating Colorado as America’s epicenter for life sciences innovation launches today. The campaign emphasizes Colorado’s leading innovation talent, central location, robust infrastructure, collaborative community, reasonable costs, and unmatched quality of life as key reasons why companies considering relocation or expansion should join the state’s health innovation ecosystem. Colorado’s thriving life sciences community is known for leading-edge research, development, and commercialization with a global patient impact.
A group of 22 partners representing Colorado’s life sciences companies, innovation centers, economic development […]
Tributary Real Estate Remains Committed to Downtown with Larimer Square Office Lease Renewal
Tributary Real Estate (“Tributary”) announced the seven-year renewal of their office lease at 1416 Larimer Street on Larimer Square, solidifying their commitment to downtown Denver.
The historic character of both Tributary’s space and the surrounding block – characterized by brick and timber construction – as well as its central location and proximity to restaurants and walkable amenities played a significant role in Tributary’s choice to remain in this unique location.
“While our space itself on Larimer Square is a major reason we love […]
Tributary Real Estate Promotes Three Commercial Brokers
Tributary Real Estate (“Tributary”) recently announced the promotions of commercial brokers – Natalie Froland and Jona Behm to vice president and Ryan Peirona to associate broker.
“As we navigate the changing office environment, our clients continue to benefit greatly from the personalized tenant advisory approach that our team at Tributary is known for,” said Andy Cullen, partner and managing broker at Tributary. “Our people-first philosophy relies on the fact that we work with professionals who are not only exceptional at what they do but are passionate […]
Denver Market Update: Q4 2023
Welcome to Tributary’s Quarterly Market Update, where we take you through the latest stats, trends and figures surrounding Denver’s office submarkets. In this segment, we hear from Partner Amy Aldridge and Associate Broker Max Stanton.
Re-considering your office market strategy? Reach out to our team.
Sky, Slopes And Software: Tech Companies Take To Colorado’s Mountain Towns
Tech companies coming to Colorado usually look to either Boulder or downtown Denver for their locations, even in today’s uncertain office market. But as hybrid work persists and Front Range prices keep climbing, a few rural gems are raising their hands as potential alternatives for trendy employers.
Aided by improving internet connections and adjacency to the state’s main draw, its quality of life via the Rocky Mountains, sparsely populated counties like Fremont and Chaffee are adding tech jobs, although it’s just a trickle.
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While these emerging hubs are illustrative of the potential […]
This Week’s Denver Deal Sheet
Boa Technology, a company that created the Boa Fit System for skis, signed a 10-year lease for more than 87K SF of office space at Zeppelin Development’s Taxi campus at 3575 Ringsby Court in Denver.
Boa has been a tenant at Taxi since 2012, according to a press release from Zeppelin. The lease is one of the largest commercial transactions in Denver this year. “Boa’s global headquarters in the Flight building at Zeppelin Development’s TAXI campus is an important epicenter for our company as an inspiring connection point for our employees, […]
Empowering Denver: Lessons from the 2023 Leadership Exchange Trip to Minneapolis and St. Paul
By Andy Cullen, 10/2023.
There are times when the problems we’re facing as a city feel unique and intractable. Housing often feels like one of those areas. Rents in Denver have risen nearly 25% since 2020, and the population of unhoused on our streets grew by 32% year-over-year, based on a count the Metro Denver Homeless Initiative conducted. And, while Denver remains an attractive destination for relocating or starting a business, downtown continues to struggle to regain its vibrancy post-pandemic. (Stick with me, I promise this story gets more hopeful.)
In these […]
Denver Market Update: Q3 2023
Welcome to Tributary’s Quarterly Market Update, where we take you through the latest stats, trends and figures surrounding Denver’s office submarkets. In this segment, we hear from Partner Andy Cullen and Senior Broker Jona Behm.
Re-considering your office market strategy? Reach out to our team.
Denver Market Update: Q2 2023
Welcome to Tributary’s Quarterly Market Update, where we take you through the latest stats, trends and figures surrounding Denver’s office submarkets. In this segment, we hear from Senior Broker Natalie Froland (left) and Partner Amy Aldridge (right).
Re-considering your office market strategy? Reach out to our team.
Denver Market Update: Q1 2023
Welcome to Tributary’s Quarterly Market Update, where we take you through the latest stats, trends and figures surrounding Denver’s office submarkets. In this segment, we hear from Senior Broker Natalie Froland to discuss the first quarter of 2023.
Summary of office market data for Q1 2023
Re-considering your office market strategy? Reach out to our team.
Tributary’s Talent: Meet Max Stanton
Here at Tributary Real Estate, we’re proud to have a close-knit team of talented professionals whose unique perspectives and specialized expertise not only make them invaluable assets to our team, but to our clients and the broader Denver business community.
In this series, we’ll highlight each employee to learn more about who they are, what they do and how they further Tributary’s mission of leveraging trusted relationships, depth of experience and robust real estate knowledge to provide a customized approach to commercial real estate brokerage and investment services.
Takeaways from the Scotland Bioscience and Cleantech Roadshow
By Andy Cullen, 01/2023.
This past fall, I had the incredible opportunity to join a delegation convened by the Metro Denver EDC in Scotland to see firsthand how the country has become home to one of the largest life science clusters in Europe. We met with key leaders in the space – from members of Scottish Parliament to top life science innovators – to better understand how Colorado can gain a competitive edge in this rapidly-evolving field.
Tributary’s Talent: Meet Michael Harpole
Here at Tributary Real Estate, we’re proud to have a close-knit team of talented professionals whose unique perspectives and specialized expertise not only make them invaluable assets to our team, but to our clients and the broader Denver business community.
In this series, we’ll highlight each employee to learn more about who they are, what they do and how they further Tributary’s mission of leveraging trusted relationships, depth of experience and robust real estate knowledge to provide a customized approach to commercial real estate brokerage and investment services.
Tributary’s Talent: Meet Natalie Froland
Here at Tributary Real Estate, we’re proud to have a close-knit team of talented professionals whose unique perspectives and specialized expertise not only make them invaluable assets to our team, but to our clients and the broader Denver business community.
In this series, we’ll highlight each employee to learn more about who they are, what they do and how they further Tributary’s mission of leveraging trusted relationships, depth of experience and robust real estate knowledge to provide a customized approach to commercial real estate brokerage and investment services.
Q4 2022 Office Market Recap
Much like the broader U.S. economy, Denver’s office market is displaying signs of turbulence, with indicators pointing in varying directions as 2022 comes to a close. Citywide, vacancy rates are lower compared to last quarter, yet three out of six submarkets recorded higher vacancy rates this quarter than the same time last year.
Tributary’s Talent: Meet Mark Floersch
Here at Tributary Real Estate, we’re proud to have a close-knit team of talented professionals whose unique perspectives and specialized expertise not only make them invaluable assets to our team, but to our clients and the broader Denver business community.
In this series, we’ll highlight each employee to learn more about who they are, what they do and how they further Tributary’s mission of leveraging trusted relationships, depth of experience and robust real estate knowledge to provide a customized approach to commercial real estate brokerage and investment services.
Reflections on the 2022 Leadership Exchange to Seattle
Each year, the Denver Metro Chamber’s Leadership Foundation hosts 150 business and civic leaders on an exchange trip to a U.S. or international city to learn, explore and bring back big ideas for improving Colorado. This year, attendees took to Seattle to learn about how the city is tackling issues like housing, homelessness, economic development and more.