John Heusner Of Pacific Rim Mechanical Acquires Industrial Building From Phil Belling For $17.78M

The industrial building at 9125 Rehco Road in San Diego spans 60,786 square feet and was sold for $17,780,000, which translates to a price per square foot of approximately $293. This asset was acquired in a competitive submarket, underscoring the owner-user acquisition trend in the Mira Mesa/Miramar area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,780,000
• Buyer: John Heusner - Pacific Rim Mechanical
• Seller: Phil Belling - LBA Logistics
• Square Footage: 60,786
• Price per Square Foot: $293
• Market: San Diego, CA

John Heusner represented Pacific Rim Mechanical in this transaction, acquiring the property from Phil Belling, who represented LBA Logistics. This deal reflects a strategic move for Pacific Rim to secure long-term control over its operational facility.