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Daren Duke | Colliers | Portland

Daren Duke

Senior Vice President

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Location
Portland
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Contact
+1 503 781 3264
+1 503 499 0056
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About

Professional Summary

Daren Duke has been an active member of Portland’s commercial real estate industry for more than 20 years. He focuses on office leasing and redevelopment opportunities for a varied list of clients.

Accomplishments

Daren is a founding member of the Colliers Portland office and has consistently earned the “Top 5” Producer award. He achieved the Colliers International Award of Excellence and Salesman of the Year awards in 1995.

Representative Transactions
Tenant representation assignment for 93,000 square foot office\High Tech requirement on behalf of Welch Allyn
Tenant representation assignment for 30,000 square foot of office relocation(s) on behalf of John L. Scott Real Estate
Tenant representation assignment for 19,120 square foot of office for Ashmead College
Tenant representation assignment for 53,000 square foot office requirement on behalf of Merrill Lynch
Tenant representation assignment for 25,000 square foot office relocation on behalf of MarchFIRST
Tenant representation assignment for 19,300 square foot office relocation on behalf of Sutro & Co.
Sublease disposition of $15 million 31,000 square foot Data Center for TEK Systems
Landlord representation for a Class A, 70,000 square foot office building leased to Grass Valley Group (54,000 sq. ft.) in Beaverton, Oregon
Disposition of a five-city-block, mixed-use site in the Pearl District for a $250 million redevelopment project, transaction value $19.5 million
Disposition of a 74,000 square foot super block in the Lloyd District for a planned high-rise office and residential tower

Education

The University of Wyoming

Clients

Brokerage

Services

Service Lines

Capital Markets, Tenant Representation, Landlord Representation

Property Type

Office

Properties

For Sublease
For Sublease > 14,867 SF at Minthorn Business Center - #1

For Sublease > 14,867 SF at Minthorn Business Center

4099 SE International Way Milwaukie, OR 97222
14,867 SF
Office
For Lease
For Lease > Creative Office in the Pearl District - #1

For Lease > Creative Office in the Pearl District

215 NW Park Ave, Portland, OR 97209, USA
10,687 SF
Office
For sale
For Sale > Airport Way Development Site - #1

For Sale > Airport Way Development Site

3133 NE 185th Drive Portland, OR 97230
1.80 ac
Industrial
For Sublease
For Sublease > 33,715 SF in the Marine Building - #1

For Sublease > 33,715 SF in the Marine Building

1732 NW Quimby Street Portland, OR 97209
39,742 SF
Office
For Lease
For Lease > Creative Office Space in Close-in SE - #1

For Lease > Creative Office Space in Close-in SE

2236 SE 10th Ave Portland, OR 97214
3,000 SF
Office
For Sublease
For Sublease > Willamette Oaks, Suite 200 - #1

For Sublease > Willamette Oaks, Suite 200

6720 S Macadam Ave, Portland, OR 97219, USA
11,460 SF
Office
For Lease
For Lease > Overton Pearl Building - #1

For Lease > Overton Pearl Building

1455 NW Overton Street Portland, OR 97209
13,865 SF
Office
For Lease
For Sublease > Suite 1080 in 1000 Broadway - #1

For Sublease > Suite 1080 in 1000 Broadway

1000 SW Broadway Street Portland, OR 97205
5,667 SF
Office
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Featured Research

Jan 6, 2023

2022 Q4 Portland Metro Office Market Report

The greater Portland office market experienced negative net absorption for the 12th consecutive quarter in Q4 2022, with quarterly negative net absorption of 483,000 square feet.
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Jul 8, 2022

2022 Q2 Portland Metro Office Market Report

Marking the halfway point of 2022, Q2 brought about deepened challenges to Portland’s office market. Impacted by a growing list of headwinds, 523,000 square feet of space was given back to the market through negative net absorption, bringing the year-to-date net absorption total to -701,000. The conclusion of the quarter marks 10 consecutive quarters of market-wide negative net absorption. Since Q1 2020, over 4.5 million square feet of occupancy has been lost, increasing the vacancy from 10.5% to 17.5% over the same period. For perspective, Portland’s net negative absorption since the start of COVID-19 is equivalent to the US Bancorp Tower fully vacating nearly four times over. Prior to the pandemic’s start, the market historically recorded 186,000 square feet of positive net absorption per quarter on average over a sixteen-year period. Sporting a causal relationship with net absorption, vacancy in the Greater Portland market has also reached a new 20-year high, with a vacancy rate of 17.5%. The vacancy rate is highest in the Central Business District (CBD), where just under 25% of the space is vacant.
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Apr 11, 2022

2022 Q1 Portland Metro Office Market Report

The start of the new year brought minor change to Portland office market fundamentals. Most notable is the confluence of rents in the CBD and Portland’s suburbs with the delta between asking rents in the two market sectors being $0.66 for Class A product and only $0.22 across all building classes. Market-wide vacancy saw a 2.3% uptick year-over-year, from 14.6% in Q1 2021 to 16.9% this quarter.
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