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Brian Yoakum | Colliers | Portland

Brian Yoakum

SIOR

Vice President

License # 201211157

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About

Professional Summary

As an industrial specialist in Colliers’ Portland office, Brian’s brokerage practice consists of sales and leasing of industrial product throughout the Portland Metropolitan Area, with a focus on the Columbia Corridor and Southwest Washington areas.  In his career he has had the opportunity to represent institutional landlords and clients on some of the largest deals in Portland history.  His work ethic and knowledge have led to significant advances, including promotion to Vice President and earning membership in SIOR in 2021.

Brian’s market knowledge owes largely to his prolific activity within the industrial marketplace. Brian frequently calls on clients to better understand their needs and physically tours the marketplace to find the best solutions to those needs. This intense focus has led to the completion of hard-to-find transactions for local growing businesses (ZC Cabinets, Red Dog Fabrication) and unique solutions for institutional clientele (Microsoft parking, Rentokil business consolidation in Vancouver, WA).

Accomplishments

  • 2021 - SIOR designation

  • 2016-2018 – CoStar Power Broker, Top Industrial Leasing

  • 2016-2018 – Member of Colliers Next Gen Group & Western Region Group Leader

  • 116 deals completed to date totaling nearly 6.5M square feet and over $380M in transaction volume

  • One of two student athletes on the Division-1 baseball team to graduate with an engineering degree in four years

Prior to joining Colliers in 2014, Brian was a sales engineer in the construction supply field, giving him a unique perspective on the development side of the business. His proficiency in both sales and engineering in the construction field gives Brian a step up on the competition when evaluating real estate decisions from tenant improvements to ground up/build to suit development.

Brian is a University of Portland alumni with a Bachelor of Science degree in mechanical engineering.  In his free time, he enjoys spending time with his wife, daughter and son, and an occasional round of golf.

 

Education

University of Portland: Bachelor of Science in Mechanical Engineering - President’s Scholarship 

Real Estate Licenses
Oregon #201211157
Washington #120705

 

Memberships & Involvements

Society of Industrial and Office Realtors (SIOR)

Colliers Next Gen Group, Western Region Leader

Clients

Industrial

Services

Service Lines

Tenant Representation, Landlord Representation

Property Type

Industrial

My Team

Featured Research

Jan 11, 2023

Portland Industrial Market Report Q4 2022

Net absorption of Industrial space across the Portland market equaled 1.5 million square feet in the final quarter of 2022. Over the last 12 months, net absorption totaled 4 million square feet, a 25% increase over the prior 12 month period. As a result of the continued trend of positive net absorption, the total vacancy rate fell from 3.7% to 3.4% in Q4 2022.
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Oct 11, 2022

Portland Industrial Market Report Q3 2022

Demand for industrial space in the Portland market remains elevated through Q3 2022 with 766,000 square feet of net absorption occurring during the quarter.
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Jul 13, 2022

2022 Q2 Portland Industrial Market Report

Portland’s industrial market continues to grow as developers look to meet demand and larger projects begin to deliver. Through Q2, more than 1.6 million square feet of new construction has been delivered. These deliveries are primarily driven by Warehouse-Distribution product, which accounts for 95% of the square footage delivered year-to-date. The remaining development pipeline remains robust with 9.8 million square feet currently under construction, 3.2 million square feet of which is specualtive. It should be noted that 3.9 million square feet of the 6.7 million built-to-suit pipeline can be attributed to Amazon and Trammell Crow’s Project Basie in the Salem area. A first for both submarkets, the average direct asking rate on a triple net basis (NNN) for all product types in the Westside and Clark County submarkets has surpassed $1.00 per square foot. Both submarkets are also development hotspots with 3.4 million square feet under construction. Market-wide vacancy rates for all product types remain relatively unchanged from the prior quarter, but compared to the halfway point of 2021, vacancy has fallen by 100 basis points to 3.9%. Headlining the notable sales for the quarter was Melvin Mark Companies and junior venture partner Becker Capital Management’s sale of a six-property portfolio in Tualatin, which serves as the Pacific Food headquarters. This portfolio, which totaled 158,000 square feet, traded for $275 per square foot and was purchased by California-based The Brookhollow Group.
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