::AMB in the News 2008
AMB is regularly featured in leading business and trade media. Below, please find recent highlights of AMB coverage.
Studying Seaports: Industrial investment opportunities exist near ports
AMB is quoted extensively in this article, providing a broad review of the opportunities and challenges presented by the various U.S. ports.
AMB shines green light on renovation
AMB TriPoint Business Park in San Jose received a Structures Award, and editorial recognition: With the renewed emphasis on clean technology and economics, many of these "old, tired" R&D campuses have a new lease on life — especially when their owners turn these ugly ducklings into "green" swans.
How Low Can We Go?
Inventories, Growth and Absorption in the Industrial Property Market
AMB's economist, David Twist, wrote this article that proposes: Demand drivers for industrial include global trade, GDP and employment growth, inventories, and industrial production/manufacturing; Today's record lean inventories mean incremental demand will require new orders, production and absorption of industrial space; Current drivers predict anemic demand for the remainder of this year, with further stabilization setting the stage for a more broad-based recovery in 2009.
"Mexico: Trade & Investment" special section
Logistics: Storage gets a makeover
AMB is the industrial REIT cited in this article, which highlights AMB's facilities as modern, well-secured and efficient, providing customers with rapid and safe transfer of goods.
Admired CEOs
Moghadam keeps his balance in rocky times
Hamid Moghadam is recognized by a panel of judges with the San Francisco Business Times as a Most Admired CEO in the category of public companies with gross revenue of >$500M.
AMB's Moghadam Talks Market Conditions
The industrial REIT's chairman takes the opportunity to give analysts his take on the most unpredictable and unsetting financial environment in modern history.
AMB Morgan Business Center
AMB's by-lined article highlights AMB's sustainable developments, the importance of well-located efficient distribution facilities, AMB's seaport strategy, and the increasing significance of the Port of Savannah.
Click here to view read-only PDF
Link to article on publication's website
UpClose with AMB's Gene Reilly
AMB Property Corp. recently expanded its Latin American platform by forming a strategic alliance with leading Brazilian real estate company Cyrela Commercial Properties SA Empreendimentos e Participações [CCP] and acquiring the remaining 42% of Mexican developer G. Accion S.A. de C.V. [G. Accion] it did not already own.
The Greening of REITS
A special issue of NAREIT's Real Estate Portfolio magazine looks at the greening of REITs. AMB Property Corporation knows that going green isn't just good for the environment, it's good for business.
Oil Prices And The Bottom Line
AMB's CEO is interviewed for this segment looking at how companies like FedEx and UPS have raised their fuel surcharge to combat high oil prices.
Going Vertical with Industrial Facilities
This article, penned by AMB, proposes that to gain widespread acceptance and emerge as a trend, multistory industrial development will require a cooperative effort by all constituents.
U.S. property barons yield to specialists
AMB cited as example of asset class focus in warehouse/distribution centers — a specialized focus that is increasing industry sophistication.
Distributing Sustainability
Green warehousing takes prominent position in supply chain strategy. AMB's Savannah facilities to increase both supply chain and energy efficiency.
Oil Costs Change Indus Real Estate's Supply/Demand Equation
By reducing distance traveled, fuel costs are also reduced. AMB is considered among the best-positioned industrial real estate companies, because over 90% of its distribution centers are located in infill markets.
Industrial and Logistics Roundtable
Kim B. Snyder, senior vice president, managing director, Southwest region of the Americas at AMB, participated in a roundtable discussion on trends for industrial markets and how these markets will fare going forward.
Mexico may benefit from higher fuel prices
Higher fuel costs may affect not only where goods are manufactured, but also how they are transported and warehoused. At the Reuters Real Estate Summit, AMB Property Chairman and Chief Executive Hamid Moghadam addressed why Mexico stands to benefit most from high fuel costs.
U.S. Ports Battle for Trade
Ten years ago, the largest importers primarily had a single, or at most, two-port strategy. According to Anthony Chiarello, senior vice president of customer development at AMB, this is no longer the case.
The Boss
Keep the Rejection Letters
In 1983, AMB CEO Hamid Moghadam started AMB with two partners, an assistant and a couple of hundred feet of office space in San Francisco. Learn how rejection served as the impetus of AMB Property Corporation.
AMB Property to sell prime sites, reap millions; Buyers build offices, condos
AMB specializes in urban industrial infill next to ports and airports — its blue-collar distribution centers often found in the development path of decidedly white-collar office parks and condominiums. AMB has identified 20 of these sites for possible sale or redevelopment with the expectation of $50 million a year in gains.
Click here to view read-only PDF
Link to article on publication's site
UpClose with AMB's Jay Cornforth
Jay Cornforth, AMB Managing Director, East Region, provides AMB's views on the greater Toronto market, a market that boasts North America's fourth greatest concentration of industrial space.
Will Exporting Ports Fix U.S. Trade Deficit?
AMB CEO Hamid Moghadam predicts that Savannah will be the No. 2 U.S. port in a couple of decades.
Click here to view read-only PDF
Link to article on publication's website
Businesses in Space Race Buy Entire Buildings
Businesses are foregoing renting, to purchase buildings instead. Sales are brisk at The Edge, a 15-building project in the 47-acre Campus El Segundo master-planned business park, developed by AMB and Mar Ventures Inc.
In 2010, How Will 100 Percent Cargo Screening Impact Airports?
Bob Caton, Vice President, Airport Facilities Group at AMB addresses the new law mandating 100% screening of air cargo by 2010, and its impact on airport cargo warehouses.
New Distribution Center to Go Up on Landfill Site
AMB announced it has purchased 50 acres of a former landfill site along Routes 1 and 9 in Jersey City. AMB plans to build the AMB Pulaski Distribution Center, an 880,000-square-foot, cross-docked distribution facility, on the property.
UpClose with AMB's Gene Reilly
San Francisco-based AMB Property Corp. broke ground on a number of different levels recently. The start of the first building in its 3.3-million-sf AMB Morgan Business Park in Savannah marks the REIT's entry into that city. But the 347,000-sf spec distribution facility that kicks off the park is also being heralded as the first LEED-certified spec industrial asset in the Southeast and, as GlobeSt.com reported at the time of the ground-breaking, the asset will in many ways serve as a prototype for all future development.
Warehousing Giant Courts Business Under 'Green' Banner
AMB broke ground on the first building in its 3.3-million-sf AMB Morgan Business Park — marking its entry into Savannah's market. The 347,000-sf spec distribution is also being heralded as the first LEED-certified spec industrial asset in the Southeast — an asset that will serve as a prototype for all future development.
50-Acre Jersey City Brownfield Site Snapped Up for Industrial Development
AMB purchased nearly 50 acres of land in Jersey City, N.J., from the Roman Catholic Archdiocese of Newark. AMB will erect the 878,000-square-foot AMB Pulaski Distribution Center on the former landfill site.
Barzegar's bounty
Since 2002, U.S. industrial giant AMB has quietly plotted an invasion of Europe. Mo Barzegar, managing director of AMB Europe, is leading the acquisition of European properties — with a goal to increase these holdings in its 180m sq ft portfolio from 6% to 18%.
Ports' boom fuels warehouse projects
The Port Authority of New York and New Jersey projects a 9 percent annual increase in cargo flowing through Port Newark-Elizabeth each year through 2010. In anticipation of increasing demand, AMB is bringing two new industrial projects online in Newark and Elizabeth this quarter.
Postings are made at such times as the Company determines at its discretion. Readers should not assume that the information contained on this site has been updated or otherwise contains current information. The Company does not review past postings to determine whether they remain accurate, and information contained in such postings may have been superseded.
