Wood Dale, IL (September 9, 2009) – San Francisco, California-based AMB Corporation has sold a 39,248 square foot industrial warehouse facility to NEP Electronics, a distributor of electronic components. The building is located at 795 Mittel Drive in Wood Dale, Illinois, adjacent to NEP Electonics’ headquarters and was purchased for an undisclosed amount. The purchaser has been in their Wood Dale location since 1988 and required additional warehouse space.

Brian Colson, executive vice president, and Eric Fischer, senior associate, with NAI Hiffman’s Industrial Services Group, represented AMB Corporation.

“NEP Electronics found themselves in an ideal situation, with this property becoming available next door to their headquarters,” said Colson. “The buyer leased additional space in the area that was expiring and they were at capacity at their Mittel Drive building. Purchasing the 795 Mittel property allowed NEP to consolidate operations next door to their headquarters, and expand their operation.”

AMB Property Corporation (www.amb.com) is a leading owner, operator and developer of industrial real estate, focused on major hub and gateway distribution markets in the Americas, Europe and Asia. As of June 30, 2009, AMB owned, or had investments in, on a consolidated basis or through unconsolidated joint ventures, properties and development projects expected to total approximately 156.9 million square feet in 48 markets within 14 countries.

NEP Electronics, Inc. (www.nepelectronics.com) is a highly successful distributor of passive and electro-mechanical electronic components as well as a supplier of value added cable assembly services.

NAI Hiffman (www.hiffman.com ) is the Chicago area representative for NAI Global, the world’s largest managed network of real estate service-providers comprising 5,000 brokers in 325 offices serving in 55 countries throughout the world. NAI Hiffman’s professionals represent clients in all aspects of commercial real estate and currently manage a 51+ million square foot portfolio of over 250 office, retail and industrial properties throughout metropolitan Chicago and Northwest Indiana.

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