Diamante Del Mar Office Building Fully Leased

SAN DIEGO (January 31, 2006) The Allen Group, a major developer of industrial and office properties in the Western United States, announced that the Diamante Del Mar office building, located in the Del Mar Heights submarket of San Diego, is now fully leased.

Tenants include the developer and owner, The Allen Group, along with Pacific Coast Communities, Fidelity Brokerage Services, Comerica, Silver Portal Capital and Energy Capital Partners. Building construction was completed in May 2005.

“Companies find this office property to be highly appealing because of the convenient location and the unique craftsman-style architecture,” said Harve Filuk, Director of Development for Southern California for The Allen Group.

Mr. Filuk oversaw the project’s development, with the building designed by the architectural firm Brian Paul & Associates and constructed by general contractor Reno Contracting, both of San Diego. Pat Rohan of Burnham Real Estate represented the building as leasing broker.

Diamante Del Mar, located on the southeast corner of El Camino Real and Valley Centre Drive, is the newest Class A+ office development completed by The Allen Group. The 35,450 square foot structure is detailed with craftsman-like qualities unique in the Del Mar Heights submarket: a two-story stone veneer exterior with a subterranean garage, vaulted second-floor ceilings, hand-crafted interior wood trim, office balconies, and a shower and locker facility. Diamante Del Mar also is within walking distance of hotels and restaurants with immediate access to I-5 and Highway 56.

Based in San Diego, The Allen Group is a commercial development firm specializing in rail-served industrial parks and build-to-suit facilities, including Class A office buildings. The Company has developed over five million square feet of commercial property in California and across the West, including two master-planned logistics parks: the International Trade and Transportation Center (www.ittc.com) near Bakersfield, Calif. and the MidState 99 Distribution Center (www.midstate99.com) in Visalia, Calif.

The Allen Group, with offices in San Diego, Visalia and Bakersfield, Calif. and Dallas, Texas, is trusted by Fortune 500 companies such as VF Corporation, Cox Communications, FedEx, International Paper Company, Intuit, Kraft Foods and Wal-Mart Stores. The Company has major industrial and office projects under development across California, as well as a major intermodal logistics hub in Dallas.

For more information about The Allen Group, please visit www.allengroup.com.

Leslie Jutzi Joins the Dallas Logistics Hub Team

DALLAS, Texas (January 23, 2006) The Allen Group, a major developer of industrial and office properties across the western United States, has announced Leslie Jutzi to direct the governmental affairs and community relations efforts on behalf of the Company’s Texas operations, particularly The Dallas Logistics Hub.

Ms. Jutzi comes to The Allen Group from the City of Dallas, where she was Project Manager for the City’s Dallas NAFTA Trade Corridor Project. During her tenure with Dallas, the City executed and implemented historic international trade agreements with the Mexican Ports of Manzanillo, Topolobampo, and Lazaro Cardenas. The City also signed agreements with the Port of Houston Authority and Dallas’ surrounding southern cities to further trade and economic development.

Before her service with the City of Dallas, Jutzi worked in the private sector as a lobbyist and attorney. She handled a variety of issues, including corporate, transportation, environmental, security and real estate transactions ranging from $25 million to $5 billion.

Ms. Jutzi is a graduate of Michigan State University where she received a B.A. in International Relations. She is also a licensed attorney in the State of Illinois and holds an Energy & Environmental Law Certificate from Chicago-Kent College of Law. She resides in Grand Prairie, Texas with her husband and their daughter.

The Allen Group has recently opened a Dallas office for both Leslie Jutzi and Dan McAuliffe, recently named Vice President of Development, to manage the daily operations of the Dallas Logistics Hub. Informational inquires may contact the office by calling 214-459-2830.

The Dallas Logistics Hub, a future center for worldwide trade, is a major intermodal industrial park planned for southern Dallas County. The 5,000 acre development is the largest new logistics park in North America. It is, in essence, a major “inland port” that will facilitate the distribution of products by rail and truck from Mexico, the Gulf, and the Pacific to the rest of the country.

The Allen Group is a San Diego-based commercial development firm that specializes in rail-served industrial parks and build-to-suit facilities, including Class A office buildings. The Company has developed over a half a billion dollars of commercial property in California and across the West, including two master-planned logistics parks: the MidState 99 Distribution Center (www.midstate99.com), south of Fresno, California and the International Trade and Transportation Center (www.ittc.com) near Bakersfield, California.

With offices in San Diego, Visalia and Bakersfield, California, and its new office in Dallas, Texas, The Allen Group is trusted by Fortune 500 companies such as VF Corporation, Cox Communications, FedEx, International Paper Company, Intuit, Kraft Foods and Wal-Mart Stores. The Company has major industrial and office projects under development across California and in Texas.

For more information about The Allen Group, please visit www.allengroup.com.

The Allen Group Names Jon Cross as Director of Marketing

SAN DIEGO (January 17, 2006) — The Allen Group, a major developer of office and industrial properties, has named Jon Cross as Director of Marketing. In this role, Cross manages the Company’s overall marketing and strategic operations, managing both internal and external communications.

Cross’ daily responsibilities include corporate marketing, advertising and media relations. He also is an external liaison for the Company, traveling throughout the United States to promote The Allen Group with prospective and existing clients, partners and members of the real estate industry.

Before joining the firm, Cross served in various staff positions with California Governor Arnold Schwarzenegger, including as Deputy Director for the Southern California Volunteer Headquarters for Schwarzenegger’s gubernatorial campaign; on the Governor’s Inauguration Committee; and as a correspondence writer, where he managed the Governor’s Labor and Workforce Development Agency correspondence.

In 2005, Cross was assigned to Schwarzenegger’s political advance team to plan and execute event and press logistics.

From 2000 to 2003, Cross served on the communications team of Ohio Auditor of State Jim Petro; in 2003, he worked as Legislative and Committee Aide to Ohio State Representative Mike Gilb. Cross also served as a lead staff member to the Ohio House Committee on Juvenile and Family Law.

In addition, he worked in Washington D.C. for Congressman Pat Tiberi and the Republican National Committee.

Cross is a native of Ohio and a graduate of The Ohio State University, where he majored in political science and communications. He resides in San Diego.

Dan McAuliffe to Lead Dallas Logistic Hub Effort

DALLAS, Texas (January 11, 2006) The Allen Group, a major developer of industrial and office properties across the Western United States, has named Daniel J. McAuliffe, CCIM as their Vice President of Development to manage their Dallas, Texas operations – The Dallas Logistics Hub.

The Dallas Logistics Hub is a 5,000 acre intermodal center planned for southern Dallas County. The development will be, in essence, a major inland port bringing products by rail from the Gulf and Mexico and the Pacific for distribution to the rest of the Country.

McAuliffe has more than 23 years of diversified commercial real estate expertise, including acquisition, disposition and land development, investment analysis, facility design and construction, operations and lease negotiations. McAuliffe has previously held long-standing executive positions with Texas Industries, Inc, J.E. Robert Companies and the Brookhollow Corporation.

In 1998, McAuliffe led the design and creation of RailPort, a 1,700 acre, dual rail served industrial development south of the Dallas-Fort Worth Metroplex. From 1998 through 2005, he coordinated the construction of more than $60 million of public infrastructure and rail facilities for RailPort and sold sites for facilities to Target Corporation, Toys “R” Us, American National Power and KEHE Food Distributors.

The Allen Group is a San Diego based commercial development firm that specializes in rail-served industrial parks and build-to-suit facilities, including Class A office buildings. The company has developed over a half a billion dollars of commercial property in California and across the West, including two master-planned logistics parks: the MidState 99 Distribution Center (www.midstate99.com), south of Fresno, California and the International Trade and Transportation Center (www.ittc.com) near Bakersfield, California.
With offices in San Diego, Visalia and Bakersfield, California, and Dallas, Texas, The Allen Group is trusted by Fortune 500 companies such as VF Corporation, Cox Communications, FedEx, International Paper Company, Intuit, Kraft Foods and Wal-Mart Stores. The company has major industrial and office projects under development in San Diego, Bakersfield, Shafter, Sacramento and Visalia, California.

For more information about The Allen Group, please visit www.allengroup.com.

The Allen Group Names Luke Allen as Corporate Development Coordinator

SAN DIEGO (January 9, 2006) The Allen Group, a major developer of office and industrial properties in California and across the Western United States, named Luke Allen as Corporate Development Coordinator. In this role, Allen is focused on corporate development strategy, working with the company’s management team and regional staff in Central and Southern California and Dallas, Texas to execute projects.

Allen joined The Allen Group in 2004 to direct and manage the Company’s information resources for clients and investors, and to build a stronger external communication strategy to promote and inform the industry about The Allen Group.

Before joining the firm, Allen served as a property manager with San Diego-based Meissner Jacquet Investment Management Services. His portfolio included 11 office and industrial buildings, totaling over a half million square feet, for which he oversaw daily property operations, tenant relations and budgets.

Allen’s new responsibilities include evaluating potential development sites; master plan development; pro forma and financial analysis; and interacting with contractors, architects, engineers and other development professionals on behalf of the Company.

Allen also is responsible for managing daily compliance and annual reporting of the Company’s operations relative to properties located in Foreign Trade Zones – the International Trade and Transportation Center (www.ittc.com) in Shafter, Calif. and the Midstate99 Distribution Center (www.midstate99.com) in Visalia, Calif.

A native of Visalia, Calif. and a graduate of the California Polytechnic University in San Luis Obispo with a degree in business management and economics, Allen resides in San Diego.

The Allen Group is a commercial development firm specializing in rail-served industrial parks and build-to-suit facilities, including Class “A” office buildings. The Company has developed over a half a billion dollars of commercial property in California and across the West, including two master-planned logistics parks: MidState 99 Distribution Center and the International Trade and Transportation Center.

The Allen Group, with offices in San Diego, Visalia and Bakersfield, California and Dallas, Texas, is trusted by Fortune 500 companies such as VF Corporation, Cox Communications, FedEx, International Paper Company, Intuit, Kraft Foods and Wal-Mart Stores. The company has major industrial and office projects under development in San Diego, Bakersfield, Shafter, Sacramento and Visalia, Calif., as well as a major intermodal logistics hub in Dallas.

For more information about The Allen Group, please visit www.allengroup.com.