|
contents | business | |||||||||
| AMB Property to acquire land at Amsterdam Schiphol Airport U.S. warehouse operator AMB Property Corp. announced its commitment to acquire 25 acres (10 hectares) of land for a second phase of development at AMB Fokker Logistics Park, proximate to Amsterdam Airport Schiphol. At full build out, the land would support up to approximately 822,000 square feet (76,300 square meters) of development, which would bring the park's total square footage to more than 1.7 million (161,100 square meters). AMB has closed on the first of three tranches of the 25-acre brownfield site, which AMB intends to fully develop over the next three years. AMB Fokker Logistics Park is the largest privately-owned airport-adjacent, master-planned logistics park in continental Europe under single ownership. The park's current operating facilities are more than 98 percent leased to leading companies including Agility, DHL, KLM and Schenker. AMB Fokker Logistics Park is a brownfield redevelopment of the former Fokker Aircraft manufacturing factory. Energy-efficient systems designed to provide users with increased operational efficiencies are incorporated throughout the park and are planned for the second phase of development. The first building of the second phase of development is expected to break ground in the second half of 2008. write your comments about the article :: © 2008 Construction News :: home page |