Preston Babey | Colliers International | Regina

Preston Babey

CCIM

Senior Sales Associate

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About

Professional Summary

Preston began working with Colliers in Regina Saskatchewan in the Spring of 2003. Preston began working alongside his father Bill (and later his brother Ryan) and began his career by performing marketing campaigns, market studies, cash flow analysis and general market reports to better inform clients.

Within a few years Preston began brokering his own lease and sale agreements with a focus on retail leasing and investment properties. Preston has also enjoys working 'long term' projects-from bare land development too repurposing existing developments.

Accomplishments

2018 - Represented Postmedia Network Inc. in disposition of 84,000 square foot facility in Regina, Saskatchewan-currently representing the new landlords in repositioning the property in the market.

2016 - Represented SCR Holdings on the Leasing of Phase I Retail Development in Moose Jaw Saskatchwan, Civic Centre Plaza - ~32,000 square foot retail centre. Phase II to  completed in 2017 (~45,000 square feet).

2015 - Represented Choice REIT & PC Urban as leasing agent for new development project located in East Regina ~ 55,000 square foot retail development

2015 - Represented Choice REIT & PC Urban as leasing agent for new development project located in Northwest Regina ~ 50,000 square foot retail development

2014/2015 - Represented Investors Group at Carling Corner - 921 & 919 Albert Street to take ~ 27,000 square feet of vacancy and lease the retail asset back to 100% occupancy.

2012/2013 - Represented Artis REIT in their Retail portfolio in Regina for leasing & renewals.

2010 - Represented First Capital in the asset sale of two properties (Regent Park Shopping Centre & 13th Avenue) retail properties for total price ~ $8,500,000

2009 - Sale of 2101 Scarth Street to Dundee REIT - $14,000,000 office building asset (Listing team and BUYER representation)

Education

University of Regina-2002-2006

CCIM designation-October 2010

Memberships & Involvements

CCIM - Certified Commercial Investment Board Member

ICSC- International Council of Shopping Centres

Services

Service Lines
Landlord Representation, Tenant Representation, Property Sales
Property Types
Retail, Industrial

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