I wonder where the planes that are on display will go....I've never look closely at them, do they have any historical value?

Even though the article mentioned that no new use for the property was planned, I can see how LAX/airport authority may not believe that this is the highest and best use of the property (snip):

Under those terms, LAWA is now receiving rent of $18,201 a month for 8.3 acres of commercial property, according to the statement.

That's a big chunk of land. Of course, $18k per month is better than an empty lot with a derelict building.