Mike Gerrity serves as the President of P3RE. Involved in commercial real estate throughout his entire career, Mike is known as a forward-thinking, solutions-oriented leader with a strong financial analysis and project management skillset.
In 2005, Mike joined CBRE in San Diego, California, as the head of industrial research. He was responsible for tracking approximately 200 million square feet of industrial property and producing the quarterly market view report. He also assisted sales staff in presentation preparation, availability reports, and negotiations.
Upon coming to Phase 3 Properties in 2006, Mike was responsible for the execution of a number significant life science lease and sale transactions, including the sale of the $109 million Neurocrine Bioscience Campus in Del Mar, California. Working alongside Neil Fox, Mike assumed responsibility for nearly $250 million of lease and sale brokerage transactions and over $500 million of real estate development. His primary focus included financial analysis, deal structuring, and project management. Neil’s and Mike’s complementary skill sets have proven successful over the years.
From 2012 to 2014, Mike served as President and Co-Founder of American Rental Property Solutions LLC, “ARPS”. ARPS was founded to manage single-family home rentals acquired beginning in 2011 with opportunistic private capital. ARPS still manages over residential properties throughout the United States. Mike’s core responsibility was building the operations to acquire, remodel, rent, and manage single family homes. His efforts and team resulted in $50 million of investment from 2011 to 2014.
Mike obtained his Bachelor’s Degree from Harvard College, and has a California Real Estate Brokers License. He resides in Pacific Beach, California with his wife, daughter, and son.