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May 8, 2008
AMB Property
AMB Property Corp., a developer and owner of industrial real estate, won the 2007 Industrial Development of the Year award from the Society of Industrial and Office Realtors Washington Chapter for AMB Valley Distribution Center, a 750,000-square-foot development AMB completed in the third quarter of 2007. Tenants are DHL Exel Supply Chain and a Fortune 50 company. Jim McGill of AMB said it is the largest speculative project ever built in the Pacific Northwest.