Company Profile - AMB Property Corporation
Pier 1, Bay 1
San Francisco, CA 94111Phone: 415-394-9000
Fax: 415-394-9001
Website: www.amb.com
Ticker Symbol: AMBKey Facts
Subsidiary AMB Investment Management taps private investors for capital.
Operates as a Real Estate Investment Trust (REIT).
In 1997, it became the first company of its kind to successfully go public.
Key Financial Facts
2002 revenue: $616 million
1-yr growth rate: -3 percentPersonnel Highlights
Number of employees: 179
1-yr growth rate: 3 percent
Company Overview
AMB is a real estate investment trust specializing in the management of commercial properties in major metropolitan markets. The company controls 992 buildings with 94.6 million square feet of real estate in 30 markets entering 2003.AMB specifically targets properties in highly developed (infill), supply-constrained locations (those possessing natural or governmental obstacles to additional industrial development, generating a higher demand), adjacent to airports, seaports, and interstate highways to expedite inventory flow for its customers. For example, FedEx is one of AMB’s most prominent customers.
Most of AMB’s holdings are located in Southern California, the San Francisco Bay Area, Chicago, the New York Metropolitan Area, Dallas, Seattle, and Miami. The company made moves to expand internationally by opening an office in Amsterdam in 2002. AMB says it plans to target markets in Mexico, Europe, and East Asia.
Major Line of Business: Real Estate
Send additions, corrections, or comments to: exec@3dnet.org.
Copyright 1996 The 3-D Network Company, Ottawa, ON, CANADA
3-DNET® is a registered trademark of The 3-D Network Company International Inc.