Ray has spent the last 20 years of his 34-year career in senior executive positions with two publicly traded real estate investment trusts. From 2001 until the end of 2012, he was a member of the Board of Directors, President, and COO of Mission West Properties, Inc. (MSW) which developed, owned, and managed in excess of eight million square feet of office/R&D space in Silicon Valley. Mission West successfully completed a $1.3 billion sale of its assets in December 2012 and provided approximately a 10% annual total return to its stockholders during each of the ten years prior to its sale.
Prior to MSW, Ray held various executive level positions at Pacific Gateway Properties, Inc. (PGP) over an eight-year period, ultimately becoming CEO in 1996. PGP owned a diversified portfolio of multi-tenant office, industrial, hospitality, retail, residential, and mixed-use properties in five states. During his tenure at PGP, he was instrumental in the turnaround and eventual sale of the company in late 2000, resulting in excess of a 450% return for the company’s stockholders from 1996 to 2000.
Ray has a Bachelor of Science in Commerce from Santa Clara University and a Master of Science in Taxation from Golden Gate University. Ray has guest lectured on all aspects of real estate development, investment, management, and finance at numerous universities, including University of California Berkeley’s Haas School of Business. He is a California Certified Public Accountant, and has been involved in numerous industry, professional, and charitable organizations.
