Daren Duke

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 Lease

For Lease > Overton Pearl Building

1455 NW Overton Street Portland, OR 97209

13,865 SF

For Lease

For Lease > Close-in Eastside 9,500 SF Warehouse

3434 SE 21st Avenue Portland, OR 97202

9,500 SF

For Lease

For Sublease > Suite 1080 in 1000 Broadway

1000 SW Broadway Street Portland, OR 97205

5,667 SF

For sale

For Sale > Airport Way Development Site

3133 NE 185th Drive Portland, OR 97230

1.80 ac

For Lease

For Sublease > 14,867 SF at Minthorn Business Center

4099 SE International Way Milwaukie, OR 97222

14,867 SF

For Lease

For Lease > Creative Office Space in Close-in SE

2236 SE 10th Ave Portland, OR 97214

3,000 SF

For Lease

For Sublease > 33,715 SF in the Marine Building

1732 NW Quimby Street Portland, OR 97209

39,742 SF

For Lease

For Lease > Tektronix Campus, Building 58

2540 SW Alan Blumlein Way Beaverton, OR 97005

195,441 SF

For Lease

For Lease > Tektronix Campus, Building 55

14200 SW Karl Braun Drive Beaverton, OR 97005

84,127 SF

Featured Research

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.

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.

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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Senior Vice President

About

Professional Summary

Accomplishments

Education

Clients

Services

Service Lines

Property Type

Properties

Properties

For Lease > Overton Pearl Building

For Lease > Close-in Eastside 9,500 SF Warehouse

For Sublease > Suite 1080 in 1000 Broadway

For Sale > Airport Way Development Site

For Sublease > 14,867 SF at Minthorn Business Center

For Lease > Creative Office Space in Close-in SE

For Sublease > 33,715 SF in the Marine Building

For Lease > Tektronix Campus, Building 58

For Lease > Tektronix Campus, Building 55

Featured Research

Featured Research

2022 Q1 Portland Metro Office Market Report

Q2 2021 Portland Metro Office Report

Q2 2021 Portland Skyline Review

How can I help you?