DHL Inks 175,000-SF Build-to-Suit Deal with AMB
AMB Property Corp.’s largest global customer recently signed a build-to-suit lease in Houston. DHL Global Forwarding, an entity of Deutsche Post World Net, will occupy 175,000 square feet at AMB IAH Logistics Center II.
AMB is developing AMB IAH Logistics Center II on a site close to Houston Intercontinental Airport (IAH). The project is on the main road of IAH’s future master-planned international air cargo terminal. The developer said the land could support another 150,000 square feet of additional development.
DHL’s parent company, Deutsche Post World Net, has leased more than 3.8 million square feet from AMB as of December of last year.
AMB said it is building momentum in the Houston market, noting its purchase of an approximately 1 million-square-foot airport-proximate portfolio and a build-to-suit facility for Agility it started developing last summer. Agility’s Project Logistics division will occupy 253,000 square feet at AMB IAH Airfreight 7, which is also close to IAH and the Port of Houston.
AMB Property Corp.’s largest global customer recently signed a build-to-suit lease in Houston. DHL Global Forwarding, an entity of Deutsche Post World Net, will occupy 175,000 square feet at AMB IAH Logistics Center II.
AMB is developing AMB IAH Logistics Center II on a site close to Houston Intercontinental Airport (IAH). The project is on the main road of IAH’s future master-planned international air cargo terminal. The developer said the land could support another 150,000 square feet of additional development.
DHL’s parent company, Deutsche Post World Net, has leased more than 3.8 million square feet from AMB as of December of last year.
AMB said it is building momentum in the Houston market, noting its purchase of an approximately 1 million-square-foot airport-proximate portfolio and a build-to-suit facility for Agility it started developing last summer. Agility’s Project Logistics division will occupy 253,000 square feet at AMB IAH Airfreight 7, which is also close to IAH and the Port of Houston.
