PR_greenhdr

The Allen Group Partners with Cedar Valley College

DALLAS, Texas (April 6, 2006) The Allen Group recently announced a new partnership with Cedar Valley College initiating a workforce development program targeting Lancaster residents to help meet the needs of the Lancaster community and the future Dallas Logistics Hub. The partnership was recognized at a reception hosted by the City of Lancaster and Cedar Valley College on April 6 at the Lancaster Community Park Recreation Center.

The Allen Group, a high-end office and industrial real estate company founded by CEO Richard Allen in 1991, is the developer of the Dallas Logistics Hub, which is partially located in Lancaster. The Dallas Logistics Hub is the largest new logistics park in North America, with nearly 6,000 acres of land and potential for 60 million vertical square feet of logistics and manufacturing space. The Hub will position Dallas as the number one trade hub in the Southwest region and serve as the primary pipeline for the distribution of goods throughout the U.S.

“We’re thrilled to have partnered with Cedar Valley College as it brings a whole new level of community involvement to the Dallas Logistics Hub project,” said Leslie Jutzi, Director of Governmental Affairs and Community Relations for The Allen Group. “Working with Cedar Valley College allows us to anticipate and plan for future workforce needs by bringing together the Lancaster community and necessary training programs.”

The Dallas Logistics Hub will have a significant, positive impact on southern Dallas County including Lancaster, Wilmer and Hutchins. Over the course of its build out, The Hub is projected to provide approximately 30,000- plus jobs for residents, some of whom may need training in skills instrumental to their new positions. The Allen Group’s partnership with Cedar Valley College will enable The Hub’s workforce to receive training through the college’s workforce development program.

In addition to the Dallas Logistics Hub workforce development partnership, The Allen Group donated $2,000 to support Cedar Valley College’s Commercial Music Association’s trip to a national music conference in Hollywood, Calif. The conference brought in nationally recognized song writers and music publishers, as well as offered sessions designed to instruct students on developing their talents in the music industry. The Allen Group Founder and Chief Executive Officer Richard Allen met with the students during their time at the conference and hosted a celebratory dinner in their honor at the renowned Schatzi On Main restaurant in Santa Monica, Calif.

The Allen Group is a commercial development firm specializing in rail-served industrial parks and build-to-suit facilities, including Class A office buildings. In the past decade, the Company has developed over half a billion dollars in commercial and industrial properties, ranging in size from 35,000 square feet to 1.7 million square feet, as well as three master-planned industrial parks: the International Trade and Transportation Center (www.ittc.com); MidState 99 Distribution Center (www.midstate99.com) and the Dallas Logistics Hub (www.dallaslogisticshub.com), the largest new logistics park in North America.

The Allen Group, based in San Diego with regional offices in Visalia and Bakersfield, Calif., as well as 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, Visalia (Calif.) and Dallas. For more information about The Allen Group, please visit www.allengroup.com.