AMB Property's CEO Hamid Moghadam Talks to the Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--June 26, 2000 The Wall Street Transcript has published an in-depth interview with Hamid Moghadam, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AMB AMB Ambient AMB Ambassador AMB Amber AMB Ambulance AMB Associação Médica Brasileira (Brazil) AMB Ambulatory AMB Advanced Memory Buffer (FBDIMM control unit on DRAM) Property (NYSE NYSE See: New York Stock Exchange :AMB), in which he talks at length about the company's future. The entire 1,900-word interview is available free online at http://www.twst.com/ceos.htm Moghadam gives an overview of the company. "AMB Property Corporation was formed as a real estate investment advisory firm in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden in 1983. In 1999, we made a strategic move to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use. See also: Dispose our retail portfolio for roughly $1 billion. We have redeployed the capital in what we call High Throughput Distribution(TM) properties. These properties are located strategically near airports, major highways and seaports This is a list of the world's seaports: Atlantic Ocean
Moghadam explains, "AMB's customers are primarily high-speed logistics and distribution companies that fall into two categories: first, companies that lease space directly from us and distribute their goods through our buildings; and second, third-party logistics A third-party logistics provider (abbreviated 3PL) is a firm that provides outsourced or "third party" logistics services to companies for part, or sometimes all of their supply chain management function. providers that perform the distribution function for other companies on an out-sourced basis." Looking forward, Moghadam states, "The best value we can add to our customers is to provide them with locations and services that support their high-speed distribution needs. High Throughput Distribution(TM) properties provide ideal locations for the distribution of goods with access to all modes of transportation and provide the best physical attributes that expedite the movement of goods. Additionally, having a national presence is extremely important to our customers. National real estate companies like AMB have a significant competitive advantage over single market players because they can be a real estate solution provider for their customers across the country." This interview is part of a 120-page Real Estate Investment Trusts Issue available at http://www.twst.com/info/info119.htm or by calling (212) 952-7433 The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. for over 37 years. The Wall Street Transcript has launched a new free service where investors can ask AMB Property (or any public company) a question at http://www.qawire.com The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion