AMB nets a 239K s/f lease.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 Corporation announced that it has signed an approximately 239,000 s/f lease with Quebecor World Logistics, a logistics and mail list services company. Quebecor World is leasing the facility, AMB Franklin Commerce Center, in order to expand operations in the northeastern U.S. "AMB's recent leasing activity in northern New Jersey--including brownfield See greenfield. development and redevelopment project leasing announced last month--speaks to the strength of our team in New Jersey, a key distribution market in the U.S.," said Gene Reilly, AMB's president, the Americas. "We're pleased to meet Quebecor World Logistics' requirement for a strategically-located and efficient Class A facility in one of the most dynamic and land-constrained markets in the U.S." Consistent with AMB's initiative to incorporate sustainable building design in its new developments, AMB Franklin Commerce Center is being developed with recycled products including recycled steel and precast pre·cast adj. Relating to or being a structural member, especially of concrete, that has been cast into form before being transported to its site of installation. wall panels made with fly ash fly ash n. Fine particulate ash sent up by the combustion of a solid fuel, such as coal, and discharged as an airborne emission or recovered as a byproduct for various commercial uses. Noun 1. , also a recycled material. Additionally, the wall panels were fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: within 500 miles of the project site, the radius endorsed by the U.S. Green Buildings Council, and are insulated for increased energy efficiency over the life of the building. The Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S. team of Joel Lubin and Rob Kossar represented AMB. Jon Tesser of Colliers Houston & Co. and Steve Levitas of Colliers Bennett & Kahnweiler represented Quebecor World Logistics in the transaction. As of March 31, 2008, AMB's portfolio in Northern New Jersey totalled approximately 12.7 million square feet of facilities. |
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