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AMB Property signs lease in New Jersey

San Francisco-based AMB Property Corp., a specialist in industrial real estate, announced that it has signed an approximately 239,000 square foot lease with Quebecor World Logistics, a leading logistics and mail list services company. Quebecor is leasing the facility, AMB Franklin Commerce Center, in order to expand operations in the northeastern U.S.

AMB Franklin Commerce Center is being developed with recycled products including recycled steel and precast wall panels made with fly ash, also a recycled material. Additionally, the wall panels were fabricated within 500 miles of the project site, the radius endorsed by the U.S. Green Buildings Council, and are insulated for increased energy efficiency over the life of the building.

The facility is in an established business park located off Exit 12 on Interstate 287, a major interstate highway in New Jersey and New York that is a partial beltway around New York City, located 12 miles west of Exit 10 on the New Jersey Turnpike.

As of March 31, 2008, AMB's portfolio in Northern New Jersey totaled approximately 12.7 million square feet of operating and development facilities.



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