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| AMB Property stabilizes Lyon, France development AMB Property Corporation, a global developer and owner of industrial real estate, announced it has stabilized its AMB Isle d'Abeau Logistics Park C development in Lyon, France with a 264,000 square foot (24,500 square meter) lease agreement with Wincanton, a leading European supply chain solutions provider. Lyon is France's second largest metropolitan area and the primary distribution hub for goods entering Europe via the port of Marseille. The logistics park's location serves one of the larger pan-European distribution networks due to its proximity to the main transportation access routes into Barcelona, Milan, Switzerland and Paris. As of September 30, 2008, AMB's portfolio in Europe totaled more than 13.6 million square feet (1.3 million square meters) of operating and under development properties. write your comments about the article :: © 2008 Construction News :: home page |