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AMB Property Corporation
AMB Property Corporation Leases 126,000 SF in Milan Development
December 19th, 2008
AMB Property Corporation(R) (NYSE:AMB), a leading global owner and developer of industrial real estate, announced it has leased more than 126,000 square feet (11,700 square meters) of its Milan development to Corriere Cecchi S.r.l., a major Italian distributor of food products who is using the space to manage the global logistics of an olive oil products manufacturer. "Leasing activity at AMB Siziano Logistics Park demonstrates continuing customer demand for modern and efficient facilities in Milan, which is a strategically-located distribution market and the economic heart of Italy," commented Mo Barzegar, AMB's managing director, Europe. "While Europe's overall...
Source: Health Business Week (2008-12-19)
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