Prologis, Inc. — Director's Dealing 2011

May 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMB PROPERTY CORP (AMB)
CIK: 0001045609
Period of Report: 2011-05-05

Reporting Person: COLE DAVID A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-05	Common Stock	A	3618	$0.00	Acquired	48900	Direct

Footnotes

F1: Shares were granted pursuant to the Company's 2002 Stock Option and Incentive Plan and are subject to a repurchase right held by the Company, which lapses fully on May 5, 2011.

F2: Of the 48,900 shares beneficially owned, 38,605 shares are directly held (D) and 10,295 shares are indirectly (I) held through a rabbi trust pursuant to our nonqualified deferred compensation plan.