Adesa to expand auto-auction business
June 6, 2008
Adesa Inc., one of the country’s largest wholesale auto auctions, is poised to expand its operations in North Texas by building a 170-acre facility in the largely undeveloped town of Hutchins, located 12 miles southeast of Dallas.
The car auction campus, when ramped up during the next four years, will employ more than 300 people, including at least half of those full time, said Warren Byrd, Adesa’s executive vice president for corporate development.
The deal marks the first tenant landed by The Allen Group for its 5,000-acre planned Dallas Logistics Hub business park. Adesa’s build-to-suit campus will include three buildings totaling 200,000 square feet, said Dan McAuliffe, president of Allen Development of Texas, who confirmed that negotiations between Adesa, Hutchins and The Allen Group are under way to finalize details.
“We have entered into a 20-year lease,” McAuliffe said. Plans call for Adesa’s campus to achieve green standards set out by the Leadership in Energy and Environmental Design, he said.