Home / Business and Economy / LA Investor Buys Iconic Tacoma Aerospace Site
LA Investor Buys Iconic Tacoma Aerospace Site
1 Sep
Summary
- DEMGY Pacific's Tacoma facility sold for nearly $15 million.
- The site is a key Tier 1 supplier for Boeing's cabin parts.
- The buyer is an LLC affiliated with Los Angeles-based LIGA Real Estate.
The industrial property housing DEMGY Pacific, a significant supplier to Boeing, has been sold to an out-of-state investor for close to $15 million. The transaction, recorded on August 28, 2026, involves two industrial buildings and land located at 4315 and 4336-4502 S. Adams St. in Tacoma.
The buyer is an LLC connected to the principal of LIGA Real Estate Partners, based in Los Angeles. The sellers were corporate entities affiliated with the founding family of Tool Gauge and a family living trust.
Tool Gauge & Machine Works, established in 1966 by George Lackermayer, became a vital part of Tacoma's industrial landscape, specializing in plastic cabin interior parts for Boeing. In April 2025, the French industrial group DEMGY acquired Tool Gauge, renaming it DEMGY Pacific, as part of its strategy to become a global leader in high-value plastics for aeronautics.
This acquisition follows DEMGY's 2023 purchase of EIS Aircraft in Germany, a supplier to Airbus. The recent property sale, however, pertains to the physical assets previously owned by entities tied to Tool Gauge's founding family, separate from the business acquisition by DEMGY.
