X0202 4 2006-02-01 0 0001045609 AMB PROPERTY CORP AMB 0001213596 BAIRD W BLAKE C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1 SAN FRANCISCO CA 94111 1 1 0 0 President Common Stock 2006-02-01 4 M 0 1100 24.60 A 261988 I Family Trust Common Stock 2006-02-01 4 S 0 1100 51.91 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 400 24.60 A 261288 I Family Trust Common Stock 2006-02-01 4 S 0 400 52.00 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 1500 24.60 A 262388 I Family Trust Common Stock 2006-02-01 4 S 0 1500 52.01 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 600 24.60 A 261488 I Family Trust Common Stock 2006-02-01 4 S 0 600 52.05 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 600 24.60 A 261488 I Family Trust Common Stock 2006-02-01 4 S 0 600 52.06 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 400 24.60 A 261288 I Family Trust Common Stock 2006-02-01 4 S 0 400 52.17 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 400 24.60 A 261288 I Family Trust Common Stock 2006-02-01 4 S 0 400 52.28 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 500 24.60 A 261388 I Family Trust Common Stock 2006-02-01 4 S 0 500 52.30 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 300 24.60 A 261188 I Family Trust Common Stock 2006-02-01 4 S 0 300 52.31 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 100 24.60 A 260988 I Family Trust Common Stock 2006-02-01 4 S 0 100 52.32 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 600 24.60 A 261488 I Family Trust Common Stock 2006-02-01 4 S 0 600 52.33 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 1800 24.60 A 262688 I Family Trust Common Stock 2006-02-01 4 S 0 1800 52.35 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 200 24.60 A 261088 I Family Trust Common Stock 2006-02-01 4 S 0 200 52.39 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 400 24.60 A 261288 I Family Trust Common Stock 2006-02-01 4 S 0 400 52.40 D 260888 I Family Trust Common Stock 2006-02-01 4 M 0 200 24.60 A 261088 I Family Trust Common Stock 2006-02-01 4 S 0 200 52.44 D 260888 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 1100 D 2011-02-27 Common 1100 494887 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 400 D 2011-02-27 Common 400 494487 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 1500 D 2011-02-27 Common 1500 492987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 600 D 2011-02-27 Common 600 492387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 600 D 2011-02-27 Common 600 491787 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 400 D 2011-02-27 Common 400 491387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 400 D 2011-02-27 Common 400 490987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 500 D 2011-02-27 Common 500 490487 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 300 D 2011-02-27 Common 300 490187 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 100 D 2011-02-27 Common 100 490087 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 600 D 2011-02-27 Common 600 489487 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 1800 D 2011-02-27 Common 1800 487687 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 200 D 2011-02-27 Common 200 487487 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 400 D 2011-02-27 Common 400 487087 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-02-01 4 M 0 200 D 2011-02-27 Common 200 486887 I Family Trust These sales are being made pursuant to a previously adopted plan intended to comply with Rule 10b5-1(c) of the Securities Exchange Act of 1934. This 10b5-1 plan was adopted on January 27, 2006. Of the 260,888 securities beneficially owned, 4,000 shares are directly (D) held, 193,526 shares are directly (D) held in a joint account, and 63,362 are indirectly (I) held through a family trust. One-third of the shares subject to the option vest and become exerciseable annually on January 1. The shares vested fully on January 1, 2004. Not applicable. /s/ Tamra Browne pursuant to a power of attorney dated 01/15/2003 2006-02-03