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Amazon distribution center at LAX sells for record price
Yahoo Financeยท 2025-12-16 14:38
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 ...