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North LA County Industrial Building Sales Price Spikes After Amazon Moves In

Investor Azora Exan Spends Nearly $60 Million on Palmdale Property
The 130,000-square-foot 600 W. Technology Drive property in Palmdale, California, was sold in December. Amazon became a tenant around June 2020. (CoStar)
The 130,000-square-foot 600 W. Technology Drive property in Palmdale, California, was sold in December. Amazon became a tenant around June 2020. (CoStar)
CoStar News
January 3, 2022 | 9:24 P.M.

A Palmdale, California, industrial building was sold for nearly four times its previous sale price after Amazon became a tenant — another example of how the e-commerce giant is upending commercial real estate.

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