AMB Property, an owner, operator and developer of industrial real estate, has leased approximately 139,900 square feet (13,000 square meters) of its Europe operating and development portfolio.

"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."

AMB leased 110,600 square feet (10,280 square meters) of AMB Bleiswijk Distribution Center to Drake & Farrell Logistics, a logistics provider. This facility is a newly developed, multi-tenant warehouse located near Rotterdam.

It has also leased 29,300 square feet (2,720 square meters) of AMB Barajas Logistics Park to a provider of forwarding and logistics services. This development is immediately adjacent to Madrid's Barajas International Airport.

As of 30 June 2010, AMB's portfolio in Europe totalled approximately 14 million square feet (1.3 million square meters) of operating and development properties in Belgium, France, Germany, Italy, the Netherlands, Spain and the UK.