Form: S-11/A

Registration statement for securities to be issued by real estate companies

May 15, 1998

SUBSIDIARIES OF THE REGISTRANT

Published on May 15, 1998



EXHIBIT 21.1


SUBSIDIARIES



Name of Subsidiary Jurisdiction
- ------------------ ------------

AMB Property II, L.P. Delaware
Long Gate, LLC Delaware
American Beauty Partnership California
Dark Starr Limited Partnership Delaware
Met Phase I 95, Ltd. Texas
St. Stephen Limited Partnership Delaware
Met 4/12, Ltd. Texas
CH-VAF Orlando Joint Venture Florida
Fairway Drive Venture LLC California
Manhattan Village, LLC California
AMB/Erie, L.P. Delaware
Terrapin Station Limited Partnership Delaware
Built to Last Limited Partnership Delaware
Hamilton Lakes / AMB II F, L.P. Delaware