X0202 4 2006-03-10 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 2006-03-10 4 M 0 400 24.60 A 313444 I Family Trust Common Stock 2006-03-10 4 S 0 400 54.00 D 313044 I Family Trust Common Stock 2006-03-10 4 M 0 400 24.60 A 313444 I Family Trust Common Stock 2006-03-10 4 S 0 400 54.06 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 1600 24.60 A 314644 I Family Trust Common Stock 2006-03-13 4 S 0 1600 54.00 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 1000 24.60 A 314044 I Family Trust Common Stock 2006-03-13 4 S 0 1000 54.01 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 1000 24.60 A 314044 I Family Trust Common Stock 2006-03-13 4 S 0 1000 54.02 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 700 24.60 A 313744 I Family Trust Common Stock 2006-03-13 4 S 0 700 54.04 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 500 24.60 A 313544 I Family Trust Common Stock 2006-03-13 4 S 0 500 54.05 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 400 24.60 A 313444 I Family Trust Common Stock 2006-03-13 4 S 0 400 54.06 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 1000 24.60 A 314044 I Family Trust Common Stock 2006-03-13 4 S 0 1000 54.07 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 1100 24.60 A 314144 I Family Trust Common Stock 2006-03-13 4 S 0 1100 54.08 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 300 24.60 A 313344 I Family Trust Common Stock 2006-03-13 4 S 0 300 54.09 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 600 24.60 A 313644 I Family Trust Common Stock 2006-03-13 4 S 0 600 54.10 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 400 24.60 A 313444 I Family Trust Common Stock 2006-03-13 4 S 0 400 54.11 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 500 24.60 A 313544 I Family Trust Common Stock 2006-03-13 4 S 0 500 54.13 D 313044 I Family Trust Common Stock 2006-03-13 4 M 0 1100 24.60 A 314144 I Family Trust Common Stock 2006-03-13 4 S 0 1100 54.14 D 313044 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-10 4 M 0 400 D 2011-02-27 Common 400 463987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-10 4 M 0 400 D 2011-02-27 Common 400 463587 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 1600 D 2011-02-27 Common 1600 461987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 1000 D 2011-02-27 Common 1000 460987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 1000 D 2011-02-27 Common 1000 459987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 700 D 2011-02-27 Common 700 459287 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 500 D 2011-02-27 Common 700 458787 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 400 D 2011-02-27 Common 400 458387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 1000 D 2011-02-27 Common 1000 457387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 1100 D 2011-02-27 Common 1100 456287 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 300 D 2011-02-27 Common 300 455987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 600 D 2011-02-27 Common 600 455387 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 400 D 2011-02-27 Common 400 454987 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 500 D 2011-02-27 Common 500 454487 I Family Trust Non-Qualified Stock Option (right to buy) 24.60 2006-03-13 4 M 0 1100 D 2011-02-27 Common 1100 453387 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 313,044 securities beneficially owned, 56,156 shares are directly (D) held, 193,526 shares are directly 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 2006-03-14