Amazon distribution center at LAX sells for record price

Prime Air airplanes waiting to be loaded with cargo at an Amazon Air Hub in San Bernardino in July 2025. (Luke Johnson / Los Angeles Times) An Amazon warehouse near the gates of Los Angeles International Airport has sold for a record price as logistics centers near transportation hubs grow in value. The real estate investment arm of global financial services firm Morgan Stanley recently paid $211 million for the distribution center on 98th Street amid several private long-term parking structures that ser ...