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Agility strengthens global operations with three new bases

Agility, a new logistics leader has recently leased approximately 433,000 square feet (40,300 square meters) from AMB Property Corporation, a leading global developer and owner of industrial real estate at development projects in Houston, Amsterdam and Paris.





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AMB has commenced development of a 240,000 square foot (22,300 square meter) build-to-suit facility for Agility in Houston. Named AMB IAH Airfreight 7, the development is proximate to Houston Intercontinental Airport and near the Port of Houston, and will serve Agility's Project Logistics division specializing in oil industry equipment transportation.

As part of the transaction, AMB has acquired the 66,000 square foot (6,100 square meter) facility which is currently occupied by Agility proximate to Houston Intercontinental Airport. AMB intends to re-lease the facility, named AMB Taft Distribution Center, upon Agility's transfer to the AMB IAH Airfreight 7 build-to-suit.

'As we continue to experience increased demand for our services, we appreciate partnering with AMB for our logistics real estate needs,' explained Elias Monem, Agility CEO, Middle East & Africa. 'AMB's attention to Agility, and ability to meet multi-market requirements, has enabled us to offer our customers quick and flexible implementations at major logistics hubs as we grow our business.'

Agility's first lease with AMB in Europe was signed for AMB Gonesse Distribution Center in Paris, a 598,000 square foot (55,600 square meter) development adjacent to Le Bourget Airport and southwest of Paris' Charles de Gaulle International Airport. Agility is leasing approximately 135,000 square feet (12,600 square meters) in AMB Gonesse Distribution Center, establishing in-country headquarters to further expand its business in France.

'Our development expertise, plus our ability to provide Agility with ideal facilities at three key global trade locations, was a significant factor in the selection of AMB to assist this important global customer's expansion plans,' says Steve Callaway, Senior Vice President, Director of Customer Development for AMB. 'This is a great example of how AMB works flexibly with customers and demonstrates how our customer-focused solutions can combine development leasing, build-to-suit and structured sale transactions across multiple continents.'

Following the agreement in Paris, Agility leased approximately 58,000 square feet (5,400 square meters) of AMB Fokker Logistics Center 2A in Amsterdam. The 118,000 square foot (17,500 square meter) development is proximate to Amsterdam Airport Schiphol, Europe's third-largest airport for cargo volume, and meets Agility's need for a functional and state-of-the-art air cargo and distribution facility.




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About Agility

Agility is a global provider of integrated supply chain solutions with more than 20,000 employees, 450 offices in 100 countries worldwide and over US$4.5 billion in annual revenue. A publicly traded company, Agility offers its customers a genuinely personalized service and flexible solutions tailored to meet their individual business needs. These are supported by Agility's comprehensive network of warehousing facilities, transportation and freight management services.

Agility's customers span a range of industries from technology and retail to consumer products and oil & gas. In addition, Agility has three specialized business units: Defense & Government Services; Project Logistics; and Fairs & Events Logistics - each with dedicated teams to meet the complex customer requirements in these markets.

Media Contact information:

Nita Bhatkar
Manager - Global Public Relations
Kuwait
Tel. +965.498.1154
Fax +965.467.1013
Edward D'Mello/Helen Ross
Group Account Director
Polaris Public Relations, Dubai
Tel: +971 4 341 5555
Fax: +9714 341 5588
Medilyn Manibo Posted by Medilyn Manibo, Assistant News Editor
Wednesday, July 11 - 2007 at 13:48 UAE local time (GMT+4)

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