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 in 1985 and makes grants statewide. The foundation’s mission is to advance the health and well-being of people living in Colorado. The Colorado Trust engaged Tributary to help identify a new office that would increase workplace efficiencies while supporting its team and the communities it serves.
“Rightsizing our space and moving to The Hub North represents a significant milestone in our journey and promises to optimize resources for our mission and empower our team,” said Don Mares, president and chief executive officer of The Colorado Trust. “By engaging our staff in the process, we were able to identify what was most important in a new office space and location. This relocation will provide a modern workplace environment for our team and enhance our ability to more directly serve the community.”
The new office space, which is being designed by Kestrel Design Group and project managed by Task PM, reflects The Colorado Trust’s forward-thinking approach to health and wellness. The design prioritizes natural light, communal outdoor spaces and a layout that promotes community and inclusivity. This move will also support the foundation’s hybrid work model, encouraging staff to engage more frequently in the office environment.
Tributary Real Estate Partner Amy Aldridge and Vice President Natalie Froland represented The Colorado Trust in the transaction. The landlord was represented by JLL’s Jamie Roupp, Julie Rhoades and Maddy Stevenson.
“By focusing on our client’s needs and engaging with their team throughout the process, we were able to identify the ideal new headquarters for The Colorado Trust,” said Aldridge. “Coming from a historic building they had occupied for over 20 years and a larger office space downtown, there was a lot of responsibility to identify the right new home for this next phase of the organization. The Colorado Trust needed a partner who understood their goals for a new space and could help them identify new, more efficient approaches to the office experience.”
“Throughout the process, the successful collaboration across The Colorado Trust, project management, design and brokerage teams – all of which happened to be female-led – resulted in a truly rewarding and collaborative transaction,” added Froland.
The new location at The Hub North offers a range of amenities, including immediate access to public transit on the A-Line light rail, fitness facilities and communal outdoor spaces, supporting The Colorado Trust’s goal of creating a dynamic workspace for all employees.
The Colorado Trust plans to move into its completed space in the first quarter of 2025.
About Tributary Real Estate
Founded in 2015, Tributary Real Estate is a commercial real estate brokerage firm based in Colorado. Serving both local and national clients of all sizes and across industries, Tributary leverages its trusted relationships, depth of experience and robust real estate knowledge to provide a customized approach to commercial real estate brokerage. From site selection through negotiation and closing, Tributary’s team of seasoned industry leaders maximize value for their clients by maintaining strong relationships to capitalize on market opportunities and use data-driven insights to align clients’ real estate needs with their business goals. To learn more about Tributary, visit tributaryre.com.