AMB Property leases 142,000 sq ft in London development project

AMB Property leases 142,000 sq ft in London development project

AMB Property, an owner, operator and developer of industrial real estate, has leased approximately 142,000 square feet in its AMB East London Distribution Park.

This new lease, to a FTSE 100 company, brings the two-building park to 100 per cent leased.

"We are pleased to welcome this new customer to our portfolio in London," says Mo Barzagar, managing director, Europe. "Throughout the UK and continental Europe we're seeing a growing number of our customers whose expanding business needs require class-A facilities with increased access to their customers."

AMB East London Distribution Park is a two-building facility situated in Binary Park adjacent to a major highway that connects Central London to the M25. It is located within ten miles of Central London and seven miles to the east of the 2012 Olympic Games site.

AMB's Europe portfolio totalled nearly 14 million square feet of operating and under development properties as of 31 December 2009.




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