Developer spends nearly $14M on California warehouse

Site located near Los Angeles

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Voit Commercial Brokerage has handled an industrial warehouse property sale in La Mirada, Calif. The value of the transaction was $13.8 million. Ropak Industries sold the property, whose size was not disclosed, to AMB Property Corp., a global developer and operator of industrial real estate. The property is located at 14585-14589 Industry Circle. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....