History

1983
Founding of the company by Douglas Abbey, Hamid Moghadam and T. Robert Burke with focus on investment in office, industrial and community shopping centers on behalf of major institutional investors
1987-1989
Refined investment strategy by exiting office markets; sharpened focus on industrial and shopping center in in-fill trade areas
1991
Launched first commingled private capital fund
1997
Closed initial public offering (IPO). With more than $2.8 billion under management, AMB becomes one of the largest U.S. publicly traded real estate companies
1999
Exited community shopping center investments to focus on industrial properties in targeted markets
2002
Launched international expansion program focused on trade-centric locations in Mexico, Europe and Asia
2004
Founded first open-end commingled fund by a REIT—AMB Institutional Alliance Fund III
2004-2006
Established new business lines including direct development and additional private capital products
2006
Completed transformation to a decentralized organization, improving decision-making speed and responsiveness to customers
2007
Completed first follow-on equity offering, supporting long-term growth of the development platform
2009
Completed equity offering, fortifying the balance sheet and securing projected capital needs through 2012