SHANGHAI-AMB Property Corp. is pre-leasing over 267,000 sf at AMB Beilun Port Distribution Center, a development at the Ningbo Economic & Technological Development Zone. The company could not be reached by deadline for terms and pricing of the deal. “Ningbo continues to be one of the strongest ports in the world with more than 17% cargo growth year-to-date,” says Guy Jaquier, AMB’s President, Europe & Asia, says in a statement. “Our success in this key global trade market is underscored by strong leasing activity at our AMB Beilun Port Distribution Center development prior to completion of construction.”

Globe Express Service Co., Ltd. and Ningbo Ruiyuan Logistics Co. is leasing roughly 139,000 sf and 128,000 sf, respectively. This space will serve as a global distribution center for Globe Express.

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