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Daren Duke | Colliers | Portland

Daren Duke

Senior Vice President

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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

Featured Research

Jul 9, 2021

Q2 2021 Portland Metro Office Report

Portland’s office market was buoyed by positive leasing activity news this quarter: nine leases over 25,000 sq. ft. were signed, including several renewals of major tenants in Class A towers downtown. Tenants new to Portland include Apple and Lululemon, locating in Sunset Corridor/Hillsboro and NW Close-in, respectively. With Oregon schools opening for in-person instruction this fall, there will be more reasons for people to return to working from their physical offices, spurring economic activity downtown. Overall vacancy in the CBD has surpassed 20.0% this quarter after increasing 5.6% in 4 quarters, increasing from 15.4% one year ago to 21.0% now. Rents on new construction will remain firm but concessions will continue to chip away at net effective rents until there is more demand than supply.
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Jul 9, 2021

Q2 2021 Portland Skyline Review

This review takes a look at Portland’s most iconic towers. Premier criteria are as follows: 1) greater than 20 floors; 2) average annual asking rents above $40 PSF FSG; 3) RBA greater than 300,000 SF; 4) majority of RBA is office; 5) major renovation in the last 10 years; and 6) iconic to skyline. Each property must meet four of the six criteria.
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Apr 9, 2021

Q1 2021 Portland Skyline Review

This review takes a look at Portland’s most iconic towers. Premier criteria are as follows: 1) greater than 20 floors; 2) average annual asking rents above $40 PSF FSG; 3) RBA greater than 300,000 SF; 4) majority of RBA is office; 5) major renovation in the last 10 years; and 6) iconic to skyline. Each property must meet four of the six criteria.
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