ProLogis, AMB in talks on combining

SAN FRANCISCO –

Industrial real estate investment trust ProLogis says it is in talks with rival AMB Property Corp. about combining the two companies.

Denver-based ProLogis, which owns warehouses and other industrial properties, says the deal would be an all-stock transaction. It says there is no guarantee the deal will get done. San Francisco-based AMB issued a similar statement.
The companies say the value of the deal will be based on their share prices prior to media reports of the talks.
On Wednesday, The Wall Street Journal reported that the two companies were close to a deal. AMB’s shares jumped nearly 10 percent in extended trading. ProLogis was up more than 8 percent.

ProLogis, AMB in talks on combining

Bryan E. Cole | NAI Keystone Commercial & Industrial, LLC

Direct: 610-370-8502
Bcole@naikeystone.com

www.Bryan-Cole.com

New File Uploaded to Bryan-Cole.com. NAI Keystone and Team Cole Logistics Brochure

New File Uploaded to Bryan-Cole.com.  NAI Keystone and Team Cole Logistics Brochure.  Please visit http://www.bryan-cole.com/OurServicesPublications.html for more information.

Contact Bryan Cole at Bcole@naikeystone.com or www.Bryan-Cole.com for Real Estate Related Services.

NAI Keystone Commercial and Industrial, LLC releases November 2009 Newsletter

NAI Keystone’s Bryan Cole and John Buccinno publisher of The Greater Reading Commercial & Industrial Real Estate Newsletter publish Novembers edition.  NAI Keystone representing a large market share of commercial and industrial real estate in berks county.  For more information please contact Bryan E. Cole or John Buccinno of NAI Keystone at 610 370 8502 ; bcole@naikeystone.com or www.Bryanecole.com

 

Newsletter Link is – http://www.docstoc.com/docs/14561859/NAI-Keystone—Bryan-Cole-Novembers-Greater-Reading-Commercial-Real-Estate-Newsletter

 

Temple Plaza

NAI Keystone’s Bryan Cole and John Buccinno are named exclusive leasing reps for Temple Plaza.  The site is a retail strip center located along busy route 422/5th street hwy.  The site is ideally suited for retail or office users.  High traffic volumes, and visibility make this site a prime facility.  For more information contact Bryan Cole or John Buccinno at 610 370 8502 ; bcole@naikeystone.com; or www.Bryanecole.com

MaidenCreek Towne Center

NAI Keystone’s Bryan Cole and John Buccinno are named exclusive leasing brokers for the MaidenCreek Towne Center in Blandon PA.  The retail/office site is located along Park Road and is owned by Larken Associates.  The site is ideal for office and retail users alike, with over 25,000 sq. ft. for lease which is divisable to 2,500 sf.  For More Information contact Bryan Cole or John Buccinno at Bcole@naikeystone.com; 610 370 8502 or www.bryanecole.com.