June 9, 2008

The Allen Group Completes Facility for International Paper

The Allen Group completes facility for International Paper The Allen Group announced that International Paper Company, a global Fortune 1OO uncoated paper and packaging company, has commenced operations at their new 252,040 square-foot distribution facility at MidState 99 logistics park. The official ribbon-cutting ceremony was held at their new building in Visalia. California.

The Allen Group also officially announced the opening of two speculative industrial buildings adjacent to IP’s build-to-suit facility. MidState Hayes Building 5 (139,590 square foot) and MidState Hayes Building 6 (J 40,700 square feet) are newly constructed warehouse/distribution facilities that are now available for occupancy. The Allen Group offered walking tours of the industrial buildings, as well as the IP distribution facility, immediately following the ribbon-cutting ceremony.

“Visalia is emerging as one of the prime industrial markets in California’s Central Valley,” said David Hernandez, Director of Construction Services for The Allen Group’s Visalia operations. “Many other Fortune 500 companies are taking advantage of this strategic location which offers a quality workforce, more affordable real estate and transportation costs and the ability to reach over 65 million consumers in a two-day truck turn.”

The MidState 99 Distribution Center now has 11 existing buildings totaling over three million square feet of space. Current tenants include VF Corporation, International Paper Company, JoAnn Stores, Coast Distribution Systems, Workflow One, Worms Way, Bound Tree Medical, ORS NASCO and DATS Trucking. Approximately 200 acres of land remain in the park for future buildings as large as one million square feet.