Mesa manufacturing, distribution building trades hands in sale-leaseback deal
A Los Angeles real estate firm sees big possibilities in Phoenix and has made its first acquisition in the East Valley. DWG Capital Partners acquired AirBagIt’s 72,780-square-foot manufacturing and distribution building in Mesa in July for nearly $10 million. The deal was structured as a sale-leaseback so Valley-based AirBagIt will continue to operate at 260…