(Source: PRNewswire-FirstCall)

SAN FRANCISCO, Sept. 10 /PRNewswire-FirstCall/ -- AMB Property Corporation , a leading global owner, operator and developer of industrial real estate, today announced it has leased approximately 178,000 square feet (16,500 square meters) of its AMB Los Altos Building 2 development in Guadalajara, Mexico to Summa Company, a food distribution and sales company.
"Guadalajara's diverse industrial base and population density makes this a dynamic market and lends strength to the area," said Luis Gutierrez, AMB's managing director, Mexico. "The quality of our portfolio and our customer focus contributed to this recent leasing success. We are pleased to welcome this valued new customer to our development in AMB Los Altos Industrial Park."
"Summa Company required new distribution space in Guadalajara to accommodate its growth, and AMB provided the ideal solution because of their in-depth understanding of logistics real estate. AMB Los Altos Building 2's modern configuration is operationally efficient, and the facility is within a fully enclosed, access-controlled environment which is important to our business in Mexico," commented Carlos Ortega, Summa Company's director of operations.
AMB Los Altos Industrial Park is located in the well-established El Salto industrial submarket in Guadalajara, with rapid access to the main ring highway that connects the property to downtown Guadalajara and Guadalajara International Airport, approximately three miles from the site. The park totals more than 1.6 million square feet (152,700 square meters), of which approximately 1.2 million square feet (107,000 square meters) is operating and fully-leased.
AMB's Mexico portfolio comprises more than 9.8 million square feet (911,900 square meters) of operating and development properties in Guadalajara, Mexico City, Monterrey, Queretaro, Reynosa and Tijuana. AMB's operating assets in Guadalajara total 2.9 million square feet (268,500 square meters) and are 98 percent leased.
AMB Property Corporation. Local partner to global trade.(TM)
AMB Property Corporation is a leading owner, operator and developer of industrial real estate, focused on major hub and gateway distribution markets in the Americas, Europe and Asia. As of June 30, 2009, AMB owned, or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 156.9 million square feet (14.6 million square meters) in 48 markets within 14 countries. AMB invests in properties located predominantly in the infill submarkets of its targeted markets.