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 0 400 26.29 A 312644 I Family Trust Common Stock 2006-07-20 4 S 0 400 51.85 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 3000 26.29 A 310044 I Family Trust Common Stock 2006-07-20 4 S 0 3000 51.86 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 2800 26.29 A 310244 I Family Trust Common Stock 2006-07-20 4 S 0 2800 51.87 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 2900 26.29 A 310144 I Family Trust Common Stock 2006-07-20 4 S 0 2900 51.91 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1100 26.29 A 311944 I Family Trust Common Stock 2006-07-20 4 S 0 1100 51.92 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 800 26.29 A 312244 I Family Trust Common Stock 2006-07-20 4 S 0 800 51.93 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1900 26.29 A 311144 I Family Trust Common Stock 2006-07-20 4 S 0 1900 51.94 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 200 26.29 A 312844 I Family Trust Common Stock 2006-07-20 4 S 0 200 51.95 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1200 26.29 A 311844 I Family Trust Common Stock 2006-07-20 4 S 0 1200 52.00 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 900 26.29 A 312144 I Family Trust Common Stock 2006-07-20 4 S 0 900 52.03 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 700 26.29 A 312344 I Family Trust Common Stock 2006-07-20 4 S 0 700 52.11 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 900 26.29 A 312144 I Family Trust Common Stock 2006-07-20 4 S 0 900 52.12 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 3600 26.29 A 309444 I Family Trust Common Stock 2006-07-20 4 S 0 3600 52.16 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 300 26.29 A 312744 I Family Trust Common Stock 2006-07-20 4 S 0 300 52.18 D 313044 I Family Trust Common Stock 2006-07-20 4 M 0 1858 26.29 A 311186 I Family Trust Common Stock 2006-07-20 4 S 0 1858 52.21 D 313044 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 400 D 2012-02-26 Common 400 313987 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 3000 D 2012-02-26 Common 3000 310987 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 2800 D 2012-02-26 Common 2800 308187 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 2900 D 2012-02-26 Common 2900 305287 I Family TrustFamily Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 1100 D 2012-02-26 Common 1100 304187 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 800 D 2012-02-26 Common 800 303387 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 1900 D 2012-02-26 Common 1900 301487 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 200 D 2012-02-26 Common 200 301287 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 1200 D 2012-02-26 Common 1200 300087 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 900 D 2012-02-26 Common 900 299187 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 700 D 2012-02-26 Common 700 298487 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 900 D 2012-02-26 Common 900 297587 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 3600 D 2012-02-26 Common 3600 293987 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 300 D 2012-02-26 Common 300 293687 I Family Trust Non-Qualified Stock Option (right to buy) 26.29 2006-07-20 4 M 0 1858 D 2012-02-26 Common 1858 291829 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, 2005. Not applicable. \s\ Tamra Browne pursuant to a power of attorney signed 01/15/2003. 2006-07-24