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Article: AMB Property Corporation(R) Leases 77,000 SF in Shanghai.
- Article from:
- PR Newswire
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO, Nov. 3 /PRNewswire-FirstCall/ -- AMB Property CorporationA' , a leading global owner, operator and developer of industrial real estate, today announced it has leased approximately 77,000 square feet (7,100 square meters) of its AMB Jiuting Distribution Center facility in Shanghai to Bus Logistics, bringing the more than 376,000 square foot (approximately 35,000 square meter) facility to more than 97 percent leased.
Bus Logistics of Shanghai and Yamato Transport Co., Ltd. of Japan are joint venturing to establish a distribution network in east China. AMB Jiuting Distribution Center will serve as the joint venture's first distribution base in China. ...