Industrial real estate firm, AMB Property Corporation announced that is has acquired an industrial complex near the Port of Hamburg comprising some 86,400 m[sup]2[/sup] of existing buildings and 16 acres of land capable of supporting 38,400 m[sup]2[/sup] of additional development. The industrial complex was acquired from a leading international company of branded consumer products for skin and beauty care. The company added that Kuehne + Nagel, an AMB global customer, has leased some 37,300 m[sup]2[/sup] of the park in connection with the purchase.
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