29. Juni 2010 
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AMB Property Corporation leases 149,000 sf in Europe developments
AMB Property Corporation today announced it has leased approximately 149,000 square feet (13,840 square meters) in its Europe development portfolio and stabilized its Hamburg development pipeline during the second quarter.
Development leasing activity includes:
- 86,000 square feet (7,990 square meters) leased to a leading European transport and logistics company with a global customer base. The customer renewed its existing lease and expanded into this additional space at AMB Hausbruch Industrial Center. This development is proximate to the Altenwerder Terminals of the Port of Hamburg and approximately 10 kilometers from the Hamburg city center [we reported]. Following this transaction, the 426,552 square foot (39,630 square meters) Hamburg development portfolio is fully stabilized.
- 63,000 square feet (5,850 square meters) in its AMB Fokker Logistics Center 3A to UTi Nederland BV, a subsidiary of UTi Worldwide Inc., a global company specializing in client-specific supply chain solutions . This lease expands UTi's global footprint with AMB into the Amsterdam market, in addition to 12 leases in the U.S. The facility is adjacent to Amsterdam Airport Schiphol.
Development leasing activity includes:
- 86,000 square feet (7,990 square meters) leased to a leading European transport and logistics company with a global customer base. The customer renewed its existing lease and expanded into this additional space at AMB Hausbruch Industrial Center. This development is proximate to the Altenwerder Terminals of the Port of Hamburg and approximately 10 kilometers from the Hamburg city center [we reported]. Following this transaction, the 426,552 square foot (39,630 square meters) Hamburg development portfolio is fully stabilized.
- 63,000 square feet (5,850 square meters) in its AMB Fokker Logistics Center 3A to UTi Nederland BV, a subsidiary of UTi Worldwide Inc., a global company specializing in client-specific supply chain solutions . This lease expands UTi's global footprint with AMB into the Amsterdam market, in addition to 12 leases in the U.S. The facility is adjacent to Amsterdam Airport Schiphol.
