ROTTERDAM, THE NETHERLANDS-AMB Property Corp., an owner, operator and developer of global industrial real estate, has leased approximately 139,900 square feet of its Europe operating and development portfolio. As of June 30, 2010, AMB’s portfolio in Europe totaled approximately 14 million square feet of operating and development properties in Belgium, France, Germany, Italy, the Netherlands, Spain and the UK.
The recent leasing activity within AMB’s Europe development portfolio includes: 110,600 square feet of AMB Bleiswijk Distribution Center to Drake & Farrell Logistics B.V., a logistics provider. This facility is a newly developed, multi-tenant, warehouse located near Rotterdam. Logistics and distribution users such as Aldi, Frans Maas, Dachser Transport, Intertoys and Bos Transport are represented in the immediate vicinity; and 29,300 square feet of AMB Barajas Logistics Park to a leading provider of forwarding and logistics services. The development is immediately adjacent to Madrid’s Barajas International Airport. The lease was signed by a “top 10 global customer” who now leases from AMB in nine markets, however AMB wouldn’t disclose further details.
“We are encouraged by the recent leasing activity,” says Mo Barzegar, AMB’s managing director, Europe. “Our customers continue to be cautious about making long-term decisions regarding the take-up of space. However, location remains an important consideration as cargo-flow through the major European ports and airports continue to build.”
The AMB Bleiswijk Distribution Center is a newly developed, multi-tenant, state-of-the-art warehouse with office space in the Prisma industrial park in Bleiswijk. Logistics and distribution users such as Aldi, Frans Maas, Dachser Transport, Intertoys and Bos Transport are represented in the immediate vicinity.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
