AMB Property France, an affiliate of global developer and owner of industrial real estate AMB Property Corporation, has started development on 41,500 m[sup]2[/sup] of distribution space near the French port of Le Havre. AMB Le Havre Logistics Park is a two-building, multi-phase development located in the Le Havre submarket. The first phase of this development - totaling more than 29,000 m[sup]2[/sup] - is expected to be completed in the fourth quarter of 2008. The second phase is expected to follow at the end of 2009.
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