<SUBMISSION>
<ACCESSION-NUMBER>0000950149-01-500393
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20010214
<ITEMS>5
<ITEMS>7
<FILING-DATE>20010405
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>AMB PROPERTY CORP
<CIK>0001045609
<ASSIGNED-SIC>6500
<IRS-NUMBER>943281941
<STATE-OF-INCORPORATION>MD
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-13545
<FILM-NUMBER>1595884
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>PIER 1 BAY 1
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94111
<PHONE>4153949000
</BUSINESS-ADDRESS>
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<STREET1>PIER 1 BAY 1
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94111
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<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f71347e8-k.txt
<DESCRIPTION>FORM 8-K
<TEXT>

<PAGE>   1

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                 --------------

                                    FORM 8-K

               CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                      THE SECURITIES EXCHANGE ACT OF 1934


      Date of Report (date of earliest event reported): February 14, 2001


                            AMB PROPERTY CORPORATION
                   -----------------------------------------
             (Exact name of registrant as specified in its charter)

<TABLE>

<S>                                   <C>                             <C>
            Maryland                          001-13545                      94-3281941
---------------------------------    -------------------------       ------------------------
 (State or other jurisdiction of      (Commission File Number)           (I.R.S. Employer
         Incorporation)                                               Identification Number)

</TABLE>

                 Pier 1, Bay 1, San Francisco, California 94111
--------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                  415-394-9000
--------------------------------------------------------------------------------
              (Registrants' telephone number, including area code)

                                       n/a
--------------------------------------------------------------------------------
          (former name or former address, if changed since last report)




<PAGE>   2




ITEM 5  OTHER EVENTS.

        On February 14, 2001, we issued a press release entitled "AMB Property
Corporation Forms Partnership with City and County of San Francisco Employees'
Retirement System," regarding the formation of a partnership with the City and
County of San Francisco Employees' Retirement System that will acquire, develop
and redevelop distribution facilities nationwide. A copy of the press release is
attached hereto as Exhibit 99.1 and is incorporated herein by reference. AMB
Property, L.P., our subsidiary, will receive acquisition fees equal to 0.9% of
gross asset values. In addition, in AMB Property, L.P.'s capacity as general
partner, it will receive priority distributions of 7.5% of net operating income
for its asset management services, and, if our partner exceeds an internal rate
of return of 9%, AMB Property, L.P. will receive a promoted interest of 15% in
connection with its partnership interest and, if our partner exceeds an internal
rate of return of 12%, AMB Property, L.P. will receive a promoted interest of
20% in connection with its partnership interest.

        On March 26, 2001, we issued a press release entitled "AMB Property
Corporation Forms $335 Million Partnership with Government of Singapore Real
Estate Investment Unit," regarding the formation of a joint venture with a
subsidiary of GIC Real Estate Pte Ltd., the real estate investment subsidiary of
the Government of Singapore Investment Corporation, to own and operate
distribution facilities nationwide. A copy of the press release is attached
hereto as Exhibit 99.2 and is incorporated herein by reference. AMB Property,
L.P. will receive acquisition fees equal to 0.9% of gross asset values. In
addition, in AMB Property, L.P.'s capacity as general partner, it will receive
priority distributions of 7.5% of net operating income for its asset management
services, and, if our partner exceeds an internal rate of return of 9%, AMB
Property, L.P. will receive a promoted interest of 15% in connection with its
partnership interest and, if our partner exceeds an internal rate of return of
12%, AMB Property, L.P. will receive a promoted interest of 20% in connection
with its partnership interest.

FORWARD LOOKING STATEMENTS

        Some of the information included in this report contains forward-looking
statements, such as the receipt of certain fees, distributions and promoted
interests. Forward-looking statements involve numerous risks and uncertainties
and you should not rely on them as predictions of future events. The events or
circumstances reflected in forward-looking statements might not occur. You can
identify forward-looking statements by the use of forward-looking terminology
such as "believes," "expects," "may," "will," "should," "seeks,"
"approximately," "intends," "plans," "pro forma," "estimates" or "anticipates"
or the negative of these words and phrases or similar words or phrases. You can
also identify forward-looking statements by discussions of strategy, plans or
intentions. Forward-looking statements are necessarily dependent on assumptions,
data or methods that may be incorrect or imprecise and we may not be able to
realize them. We caution you not to place undue reliance on forward-looking
statements, which reflect our analysis only and speak only as of the date of
this report or the dates indicated in the statements.


                                       2
<PAGE>   3




ITEM 7  FINANCIAL STATEMENTS AND EXHIBITS.

    (c)  Exhibits:

<TABLE>
<CAPTION>


    Exhibit
    Number                   Description
    ------                   -----------

    <S>                      <C>
      99.1                   AMB Property Corporation Press Release dated February 14, 2001.

      99.2                   AMB Property Corporation Press Release dated
                             March 26, 2001.
</TABLE>


                                       3
<PAGE>   4
                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                                          AMB Property Corporation
                                          (Registrant)


Date:   April 5, 2001                     By: /s/ TAMRA BROWNE
                                             -----------------------------------
                                              Tamra Browne
                                              Vice President and General Counsel


                                       4

<PAGE>   5


                                  EXHIBIT INDEX
<TABLE>
<CAPTION>

    Exhibit
    Number                   Description
    ------                   -----------

    <S>                      <C>
      99.1                   AMB Property Corporation Press Release dated February 14, 2001.

      99.2                   AMB Property Corporation Press Release dated March 26, 2001.
</TABLE>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>f71347ex99-1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>

<PAGE>   1
                                                                    EXHIBIT 99.1
FOR IMMEDIATE RELEASE



AMB PROPERTY CORPORATION FORMS PARTNERSHIP WITH CITY AND COUNTY OF SAN
FRANCISCO EMPLOYEES' RETIREMENT SYSTEM

AMB AND CCSFERS EXPAND RELATIONSHIP TO INVEST IN AND DEVELOP DISTRIBUTION
FACILITIES NATIONWIDE

PARTNERSHIP COMMITS UP TO $250 MILLION IN CAPITAL


San Francisco, February 14, 2001 -- AMB Property Corporation (NYSE: AMB), today
announced a private partnership with the City and County of San Francisco
Employees' Retirement System (CCSFERS) that will acquire, develop and redevelop
distribution facilities nationwide.

CCSFERS, a pension fund with $12 billion of assets under management, committed
$50 million of equity to be invested in industrial distribution properties. When
combined with AMB's equity investment of $50 million and debt financings of up
to $150 million, the committed capitalization of the partnership will total
approximately $250 million. AMB's equity was funded through a contribution of
industrial properties, including one facility that is under development.

The partnership's investment strategy is parallel to AMB's investment strategy
of acquiring and developing distribution facilities in major U.S. cities near
airports, ports and key interstate highways. The venture will invest in High
Throughput Distributions facilities serving customers that are expediting goods
through the supply chain. This new partnership builds upon a long-term alliance
between AMB and CCSFERS, and demonstrates the strength of AMB's co-investment
model.

"The private capital model is a key driver of AMB's growth plan," commented John
T. Roberts, president of AMB Investment Management, a subsidiary of AMB
providing services to private investors. "We have developed the infrastructure
over the last 18 years to provide services to pension plans, endowments and
foundations and we have a successful track record of investing on their behalf,"
he continued. "Our partnership structure ensures that AMB's interests are
aligned with our investors' interests. We are very pleased to expand our
long-standing relationship with CCSFERS."

Hamid R. Moghadam, chairman and CEO of AMB, said "The private funding initiative
will benefit stockholders over time by increasing AMB's return on invested
capital while delivering important investing services for our institutional
clients."



<PAGE>   2




AMB, as general partner, will receive distributions for acquisitions, asset
management, developments and possible promoted interests consistent with its
existing private capital partnerships such as AMB Institutional Alliance Fund I.

AMB Property Corporation is one of the leading owners and operators of
industrial real estate nationwide. As of December 31, 2000, AMB owned, managed
and had renovation and development projects totaling 92 million square feet and
1,005 buildings in 27 metropolitan markets. AMB targets High Throughput
Distribution(TM) properties - industrial properties located in major
distribution markets near airports, seaports and ground transportation systems.
These HTD(TM) facilities are built for speed and benefit from barriers to entry
due to their supply-constrained locations and proximity to large customer bases.
AMB - A tradition of nontraditional thinking(TM).
AMB's press releases are available on the company website at http://www.amb.com
or by contacting the Investor Relations department toll-free at 877-285-3111.
This press release contains forward-looking statements about business strategy
related to accessing private capital, the partnership between AMB and CCSFERS
and its business strategy and the benefit of private capital to stockholders.
These statements are made pursuant to the safe-harbor provisions of Section 21E
of the Securities Exchange Act of 1934. Forward-looking statements involve
numerous risks and uncertainties and should not be relied upon as predictions of
future events. The events or circumstances reflected in our forward-looking
statements might not occur. In particular, a number of factors could cause AMB's
actual results to differ materially from those anticipated, including, among
other things, defaults on or non-renewal of leases by tenants, increased
interest rates and operating costs, AMB's failure to obtain necessary outside
financing, difficulties in identifying properties to acquire and in effecting
acquisitions, AMB's failure to successfully integrate acquired properties and
operations, AMB's failure to timely reinvest proceeds from any such
dispositions, risks and uncertainties affecting property development and
construction (including construction delays, cost overruns, AMB's inability to
obtain necessary permits and public opposition to these activities), AMB's
failure to qualify and maintain our status as a real estate investment trust
under the Internal Revenue Code, environmental uncertainties, risks related to
natural disasters, financial market fluctuations, changes in real estate and
zoning laws and increases in real property tax rates. AMB's success also depends
upon economic trends generally, including interest rates, income tax laws,
governmental regulation, legislation and population changes. For further
information on these and other factors that could impact AMB and the statements
contained herein, reference should be made to AMB's filings with the Securities
and Exchange Commission, including AMB's quarterly report on Form 10-Q for the
quarter ended December 31, 2000.

AMB CONTACTS

INVESTORS                           MEDIA

Victoria A. Robinson                Christine G. Schadlich
Director -- Investor Relations      Vice President -- Corporate
Communications
Toll-free 877 285.3111              Direct 415 733.5233
Fax      415 394.9001               Fax     415 394.9001
Email    ir@amb.com                 Email   cschadlich@amb.com

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>f71347ex99-2.txt
<DESCRIPTION>EXHIBIT 99.2
<TEXT>

<PAGE>   1
                                                                    EXHIBIT 99.2
FOR IMMEDIATE RELEASE



AMB PROPERTY CORPORATION FORMS $335 MILLION
PARTNERSHIP WITH GOVERNMENT OF SINGAPORE
REAL ESTATE INVESTMENT UNIT

GIC REAL ESTATE PTE LTD. ALLOCATES $75 MILLION TO INVEST IN U.S. DISTRIBUTION
FACILITIES

San Francisco, March 26, 2001--AMB Property Corporation (NYSE:AMB) today
announced a $335 million private partnership with GIC Real Estate Pte Ltd., the
real estate investment subsidiary of the Government of Singapore Investment
Corporation, to own and operate distribution facilities in the U.S.

GIC is a leading global real estate investment manager with a multi-billion
dollar investment portfolio, who has committed $75 million of equity to be
invested in a portfolio of distribution facilities contributed by AMB, a San
Francisco-based owner and operator of industrial real estate.

AMB contributed $76 million of equity through a combination of cash and a
contribution to the partnership of properties. At closing, the venture assumed
$73 million of existing debt and AMB provided a short-term loan to the venture
that will be repaid with long-term financing proceeds. The venture expects to
use financings of up to 65% of the total capitalization.

The venture will own and operate 59 industrial buildings in six U.S.
metropolitan markets. The operations of the new partnership with GIC are
consistent with AMB's investment strategy of owning, operating, developing and
redeveloping infill distribution properties located in major metro areas near
transportation hubs.

"GIC is one of the largest and most respected global real estate investors and
we are pleased to be aligned with their organization," said John T. Roberts,
president of AMB Investment Management, a subsidiary of AMB that provides
investment advisory services to institutional investors.

The co-investment venture provides GIC with the benefits of a national operating
company running 92 million square feet of distribution space. Additionally,
AMB's 50% interest in the partnership ensures alignment of interests among AMB
and GIC.

AMB, as general partner, will receive distributions for acquisitions and asset
management. AMB has the ability to receive additional distributions if it
exceeds certain internal rate of return benchmarks.



<PAGE>   2




AMB Property Corporation is one of the leading owners and operators of
industrial real estate nationwide. As of December 31, 2000, AMB owned, managed
and had renovation and development projects totaling 92 million square feet and
1,005 buildings in 27 metropolitan markets. AMB targets High Throughput
Distribution(TM) properties - industrial properties located in major
distribution markets near airports, seaports and ground transportation systems.
These HTD(TM) facilities are built for speed and benefit from barriers to entry
due to their supply-constrained locations and proximity to large customer bases.
AMB - A tradition of nontraditional thinking(TM).

AMB's press releases are available on the company website at http://www.amb.com
or by contacting the Investor Relations department toll-free at 877-285-3111.

This press release contains forward-looking statements about business strategy
related to accessing private capital, the partnership between AMB and GIC and
its business strategy and the benefit of private capital to stockholders. These
statements are made pursuant to the safe-harbor provisions of Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements involve numerous
risks and uncertainties and should not be relied upon as predictions of future
events. The events or circumstances reflected in our forward-looking statements
might not occur. In particular, a number of factors could cause AMB's actual
results to differ materially from those anticipated, including, among other
things, defaults on or non-renewal of leases by tenants, increased interest
rates and operating costs, AMB's failure to obtain necessary outside financing,
difficulties in identifying properties to acquire and in effecting acquisitions,
AMB's failure to successfully integrate acquired properties and operations,
AMB's failure to timely reinvest proceeds from any such dispositions, risks and
uncertainties affecting property development and construction (including
construction delays, cost overruns, AMB's inability to obtain necessary permits
and public opposition to these activities), AMB's failure to qualify and
maintain our status as a real estate investment trust under the Internal Revenue
Code, environmental uncertainties, risks related to natural disasters, financial
market fluctuations, changes in real estate and zoning laws and increases in
real property tax rates. AMB's success also depends upon economic trends
generally, including interest rates, income tax laws, governmental regulation,
legislation and population changes. For further information on these and other
factors that could impact AMB and the statements contained herein, reference
should be made to AMB's filings with the Securities and Exchange Commission,
including AMB's quarterly report on Form 10-Q for the quarter ended September
30, 2000.

AMB CONTACTS

INVESTORS                           MEDIA

Victoria A. Robinson                Christine G. Schadlich
Director -- Investor Relations      Vice President -- Corporate Communications
Toll-free 877 285.3111              Direct 415 733.5233
Fax      415 394.9001               Fax     415 394.9001
email    ir@amb.com                 email   cschadlich@amb.com


</TEXT>
</DOCUMENT>
</SUBMISSION>
