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AMB Property Corporation(R) Leases 440,000 SF in Hamburg
Date:7/7/2009

are meters) with a cargo transportation company in AMB Altenwerder Distribution Center 1, a modern facility proximate to Hamburg's Container Terminal Altenwerder, the Altenwerder rail spurs and the A7 motorway, providing multimodal access to customers.

As of March 31, 2009, AMB's Europe portfolio consisted of approximately 13.9 million square feet (1.3 million square meters) of logistics and distribution properties, more than 3.9 million square feet (347,900 square meters) of which is located in Germany.

AMB Property Corporation.(R) Local partner to global trade.(TM)

AMB Property Corporation(R) is a leading owner, operator and developer of industrial real estate, focused on major hub and gateway distribution markets in the Americas, Europe and Asia. As of March 31, 2009, AMB owned, or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 159.0 million square feet (14.8 million square meters) in 48 markets within 14 countries. AMB invests in properties located predominantly in the infill submarkets of its targeted markets. The company's portfolio is comprised of High Throughput Distribution(R) facilities -- industrial properties built for speed and located near airports, seaports and ground transportation systems.

AMB's press releases are available on the company website at www.amb.com or by contacting the Investor Relations department at +1 415 394 9000.

Some of the information included in this press release contains forward-looking statements such as those related to the occupation of AMB Hamburg Hausbruch Industrial Center for the 10-year lease with BSN medical and the occupation of AMB Altenwerder Distribution Center 1, which are made pursuant to the safe-harbor provisions of Section 21E of the Securities Exchange Act of 1934, a
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SOURCE AMB Property Corporation
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