AMB Property Corporation leases 13,500 m² for distribution center in Tilburg (NL)

AMB Property Europe B.V., an affiliate of AMB Property Corporation® (NYSE:AMB), a leading owner, operator and developer of global industrial real estate, today announced a lease has been signed with Ingram Micro, the world's largest technology distributor, for approximately 13,500 m² in AMB Tilburg Distribution Center 1.


View of AMB Property Corporation's space at distribution center in Tilburg.

"Tilburg's excellent multimodal accessibility makes it attractive for customers looking for strategically-located modern distribution space," said Anton van Vlerken, AMB's general manager for the Benelux. "We are pleased to accommodate this valued global customer, who also leases space in our portfolio in Singapore and Mexico."

Located close to one of the Netherlands' primary south/north transportation corridors (A2), Tilburg serves as a logistics hub for both the Dutch and European markets by providing direct access to Amsterdam, Rotterdam, the German Rhine- Ruhr area to the east, and Belgium to the south. Additionally, the logistics facility can be accessed by rail and barge, with direct connection by inland waterway to the Port of Rotterdam, Europe's largest seaport. 3Stone Real Estate represented AMB in this transaction.

As of September 30, 2009, AMB's portfolio in Europe totaled approximately 1.3 million square meters of operating and under development properties - in the countries Belgium, France, Germany, Italy, the Netherlands, Spain and the UK, serving customers in the air express, logistics and freight forwarding industries.

AMB Property Corporation® is a leading owner, operator and developer of global industrial real estate, focused on major hub and gateway distribution markets in the Americas, Europe and Asia.

Source: AMB Property Corporation®

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