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EXHIBIT 23.2
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement of our reports dated as follows:
- - AMB Property Corporation and subsidiaries February 2, 1999
- - AMB Contributed Properties March 27, 1998
- - Crysen Corridor Warehouse February 24, 1998
- - Boston Industrial Portfolio March 27,1998
- - The Jamesburg Property March 27, 1998
- - Orlando Central Park March 27, 1998
- - Totem Lake Malls March 27, 1998
- - Dallas Warehouse Portfolio (Garland Industrial Portfolio) April 21, 1998
- - Twin Cities Office/Showroom Portfolio (Minnetonka Industrial Portfolio) May 1, 1998
- - Willow Park Portfolio June 8, 1998
- - Amberjack Portfolio July 9, 1998
- - Willow Lake Portfolio July 21, 1998
- - National Distribution Portfolio July 31, 1998
- - Mawah Portfolio July 31, 1998
- - Cabot Industrial Portfolio October 29, 1997
- - Cabot Business Park October 29, 1997
- - Manhattan Village Shopping Center October 17, 1997
- - Weslayan Plaza October 17, 1997
- - Silicon Valley R&D Portfolio October 17, 1997
and to all references to our Firm included in this registration statement.
San Francisco, California /s/ ARTHUR ANDERSEN LLP
May 19, 1999