AMB Property Corporation is a leading owner and operator of industrial real estate, focused on major hub and gateway distribution markets throughout North America, Europe, and Asia. As of December 31, 2005, AMB owned, managed, and had renovation and development projects totaling 115.0 million square feet (10.7 million square meters) and 1,057 buildings in 42 markets within eleven countries. AMB invests in properties located predominately in the infill submarkets of its targeted markets. The company's portfolio is comprised of High Throughput Distribution(R) facilities - industrial properties built for speed and located near airports, seaports, and ground transportation systems.