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Business Details
26 Years
experience
Life Science Real Estate Solutions in San Diego
At Phase 3 Real Estate Partners (P3RE), we are dedicated to delivering premier, research-ready life science environments designed to support the evolving needs of tomorrows technology-driven companies. Our strategic partnerships with the life science community are built on a deep understanding of the industrys scientific and business requirements, enabling us to create spaces that foster collaboration and innovation. With over 28 years of combined experience in development, construction, and life science real estate, our team leverages specialized expertise to offer creative, future-proof solutions tailored to the unique challenges of modern scientific research. Our innovative design concepts, including modular laboratory systems, provide unparalleled flexibility for rapid adaptations to changing scientific demands. By prioritizing efficiency in time and cost through hyper-flexible systems, we ensure our clients receive high-quality, economically viable spaces.

Our track record of successfully completing hundreds of life science transactions since 1987 underscores our commitment to excellence. We maintain strong relationships with architects, engineers, and contractors who specialize in life science facilities, extending our capabilities as a cohesive team. Our environments integrate organic materials and alternative amenities like fitness centers and conference hubs to enhance productivity and well-being. Headquartered in San Diego, we focus on major life science clusters in Boston, the Bay Area, and San Diego, positioning ourselves at the epicenter of innovation. Our reputation for integrity, quality, and timely delivery has solidified our role as a trusted partner in the life science real estate sector.
Services
Life Science Real Estate Development Class A Facility Management Strategic Partnership Consulting Modular Lab Design Market Analysis
Details
  • Year established: 2000
Highlights and features
  • We offer 28 years of specialized expertise in life science real estate development and management.
  • Our strategic partnerships prioritize understanding client needs to foster scientific collaboration.
  • Innovative modular lab designs enable rapid adaptation to evolving research requirements.
  • Efficiency-focused systems reduce costs and timelines without compromising quality.
  • Proven track record of completing hundreds of life science transactions since 1987.
Services
Life Science Real Estate Development
We develop Class A life science facilities tailored to the needs of research-driven organizations. Our projects integrate cutting-edge design and modular systems to accommodate evolving scientific requirements. With expertise in major life science clusters, we deliver high-quality environments that support innovation and collaboration.
Strategic Partnership Consulting
We partner with life science companies to understand their operational and growth strategies. By aligning our real estate solutions with client objectives, we create spaces that enhance productivity and foster scientific discovery. Our approach emphasizes long-term relationships and market-specific insights.
Modular Lab Design
Our proprietary modular laboratory systems allow rapid reconfiguration of benching and infrastructure. This adaptability ensures facilities remain functional as research needs change. Designs prioritize efficiency, reducing downtime and costs associated with renovations while maintaining compliance with industry standards.
Market Analysis
We provide data-driven insights into life science real estate trends across key markets. Our analysis informs strategic decision-making for site selection, investment, and portfolio expansion. This expertise helps clients navigate competitive markets and identify growth opportunities.
Class A Facility Management
We manage premier life science properties with a focus on operational excellence. Services include maintenance, tenant relations, and sustainability initiatives. Our goal is to preserve asset value while ensuring spaces meet the high standards required for advanced research and development.
People
W. Neil Fox III
Chief Executive Officer
Neil Fox has over 30 years of experience in commercial and life science real estate. He founded Phase 3 Properties in 2000 after a successful career at CB Richard Ellis, where he co-founded the Life Sciences Group. He holds a California Real Estate License and a degree from USC.
Michael Gerrity
President
Mike Gerrity brings extensive financial and project management expertise to P3RE. He joined Phase 3 in 2006 after roles at CBRE and co-founded American Rental Property Solutions. He holds a Harvard degree and a California Real Estate Brokers License.
Questions
What areas do you specialize in for life science real estate?
We focus on major life science clusters in Boston, San Francisco, and San Diego, providing Class A facilities tailored to research-driven organizations.
How do your modular lab designs benefit tenants?
Our modular systems allow rapid reconfiguration of lab spaces, reducing downtime and costs while adapting to evolving scientific needs.
What sets P3RE apart from other real estate firms?
Our deep industry expertise, strategic partnerships, and innovative designs create environments that foster collaboration and scientific discovery.
Can you describe your approach to strategic partnerships?
We prioritize understanding client needs to align real estate solutions with business goals, ensuring spaces support long-term growth and innovation.
Reviews (2)
A. Able
Sep 23, 2018 Report
Building management is rude and unprofessional. Especially when it comes to HVAC issues such as overheating or air quality during the camp fires. They are just generally unfriendly towards tenants, unhelpful and have a scowl on their faces when you pass by them in the hall or elevator. For such a nice, new building, the property management does not match in professionalism.
Ginger Weeden
Jul 01, 2017 Report
This is a beautiful new office tower for the Life Science companies of the Bay Area. Meeting areas and a full-kitchen restaurant on the first floor to serve employees and guests. Very nice surroundings.