Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No. 333-161347
November 9, 2010
AMB Property, L.P.
FINAL TERM SHEET
Dated: November 9, 2010
     
Issuer:
  AMB Property, L.P.
 
   
Guarantor:
  AMB Property Corporation
 
   
Securities:
  4.00% Notes due 2018 
 
   
Size:
  $175,000,000 aggregate principal amount
 
   
Maturity:
  January 15, 2018 
 
   
Coupon (Interest Rate):
  4.00%
 
   
Yield to Maturity:
  4.111%
 
   
Spread to Benchmark Treasury:
  + 225 basis points
 
   
Benchmark Treasury:
  1.875% due October 31, 2017 
 
   
Benchmark Treasury Price / Yield:
  100-03 / 1.861%
 
   
Interest Payment Dates:
  January 15 and July 15 of each year, beginning on July 15, 2011 
 
   
Price to Public:
  99.307 %
 
   
Redemption Provision:
  Prior to 90 days prior to the maturity date, make-whole call at any time based on Treasury Rate plus 35 basis points
 
   
 
  If the notes are redeemed on or after 90 days prior to the maturity date, the redemption price will be 100% of the principal amount to be redeemed
 
   
Trade Date:
  November 9, 2010 
 
   
Settlement Date:
  November 12, 2010 
 
   
CUSIP/ISIN:
  00163M AM6 / US00163MAM64
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, a copy of the final prospectus supplement and prospectus relating to these securities may be obtained, when available, by contacting Wells Fargo Securities, LLC toll-free at (800) 326-5897 or via email: prospectus.specialrequests@wachovia.com; J.P. Morgan Securities LLC, collect at 212-834-4533; Morgan Stanley & Co. Incorporated, toll-free at (866) 718-1649 or via email: prospectus@morganstanley.com or Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at (800) 294-1322 or via email: dg.prospectus_requests@baml.com.