X0202 4 2006-07-20 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 2006-07-20 4 M 0 3700 24.69 A 309344 I Family Trust Common Stock 2006-07-20 4 S 0 3700 51.24 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 400 24.69 A 312644 I Family Trust Common Stock 2006-07-20 4 S 0 400 51.25 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1300 24.69 A 311744 I Family Trust Common Stock 2006-07-20 4 S 0 1300 51.26 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1900 24.69 A 311144 I Family Trust Common Stock 2006-07-20 4 S 0 1900 51.27 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 600 24.69 A 312444 I Family Trust Common Stock 2006-07-20 4 S 0 600 51.28 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 4700 24.69 A 308344 I Family Trust Common Stock 2006-07-20 4 S 0 4700 51.30 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 2300 24.69 A 310744 I Family Trust Common Stock 2006-07-20 4 S 0 2300 51.31 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 2800 24.69 A 310244 I Family Trust Common Stock 2006-07-20 4 S 0 2800 51.32 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1600 24.69 A 311444 I Family Trust Common Stock 2006-07-20 4 S 0 1600 51.33 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 900 24.69 A 312144 I Family Trust Common Stock 2006-07-20 4 S 0 900 51.34 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 5500 24.69 A 307544 I Family Trust Common Stock 2006-07-20 4 S 0 5500 51.35 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 10900 24.69 A 302144 I Family Trust Common Stock 2006-07-20 4 S 0 10900 51.36 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 800 24.69 A 312244 I Family Trust Common Stock 2006-07-20 4 S 0 800 51.37 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 2900 24.69 A 310144 I Family Trust Common Stock 2006-07-20 4 S 0 2900 51.38 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1600 24.69 A 311444 I Family Trust Common Stock 2006-07-20 4 S 0 1600 51.39 D 313044 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 3700 D 2011-05-22 Common 3700 407487 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 400 D 2011-05-22 Common 400 407087 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 1300 D 2011-05-22 Common 1300 405787 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 1900 D 2011-05-22 Common 1900 403887 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 600 D 2011-05-22 Common 600 403287 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 4700 D 2011-05-22 Common 4700 398587 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 2300 D 2011-05-22 Common 2300 396287 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 2800 D 2011-05-22 Common 2800 393487 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 1600 D 2011-05-22 Common 1600 391887 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 900 D 2011-05-22 Common 900 390987 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 5500 D 2011-05-22 Common 5500 385487 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 10900 D 2011-05-22 Common 10900 374587 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 800 D 2011-05-22 Common 800 373787 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 2900 D 2011-05-22 Common 2900 370887 I Family Trust Non-Qualified Stock Option (right to buy) 24.69 2006-07-20 4 M 0 1600 D 2011-05-22 Common 1600 369287 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 July 14, 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 signed 01/15/2003. 2006-07-24