Richard Allen
Chief Executive Officer

Richard Allen, founder and Chief Executive Officer of the Allen Group, has been a lifelong entrepreneur, developing new business enterprises for nearly 40 years. In 1971, he joined Imperial Cup Corporation, the family enterprise.

Over the next 18 years, Richard was involved in all aspects of this rapidly growing paper cup manufacturing company. After growing to over 800 employees, $100 million in sales and establishing manufacturing plants in five states, the family company was acquired in October 1989 by Federal Paperboard which was later purchased by International Paper.

After the sale Richard founded The Allen Group (TAG), and began purchasing key building and land positions throughout the western United States. The firm quickly expanded its development activities and developed over $300 million in properties before being acquired by Kilroy Realty (NYSE:KRC) in 1997. Richard joined the KRC Board of Directors as a member of the Executive Committee.

Richard then founded two new enterprises Allen Development, which developed office and industrial parks, and Allen Homes, which developed residential projects. Allen Homes grew to develop residential properties in 20 cities and its diverse operations were sold to San Diego’s McMillan Homes in 2001.

Richard then focused on the emerging opportunities in industrial development around rail and intermodal infrastructure. The Allen Group is now developing the largest new logistics park in North America, the 1,800-acre Dallas Logistics Hub and in 2006 they were selected by BNSF Railway as the master developer of the 1,000-acre logistics park just outside Kansas City.

He has become a frequent speaker on how emerging trends are changing the location and design of these new Inland Ports. Richard has been honored as the Ernst & Young San Diego Entrepreneur of the Year and as Visalia’s Large Business of the Year. The firm’s Dallas Logistics Hub project was honored in 2005 as “Dallas Best Real Estate Deal Announced”. He currently serves on The Allen Foundation and The Cal Poly President’s Cabinet. Previously, he has served on the KRC Executive Committee, The Sence Foundation Board of Directors, KDD Hospital Advisory Board of Directors, the VIP Presidents Roundtable, the Visalia EDC Board and as Founder and Chairman of Visalians for DARE.

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Luke Allen
Director of Development

Luke Allen is engaged with the daily development operations, working with the Company’s California Development team to oversee the various industrial, office and retail projects across the State.

Since joining the Company in 2004, Mr. Allen has worked on a number of office and industrial projects in markets such as San Diego, Bakersfield, Visalia and Sacramento, California, as well as Dallas and Kansas City.

Mr. Allen’s daily 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.

Mr. 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 in Shafter, California and the MidState 99 Distribution Center in Visalia, California.

Before joining the Company, Mr. 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.

Mr. Allen graduated from California Polytechnic University, San Luis Obispo, with a major in Business Management and a minor in Economics. He resides in San Diego, California.

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Jenny Saubert
Director of Finance

Jenny Saubert has been with the Allen Group since May of 2000. In her role as Director of Finance, she is responsible for the company’s financial services and accounting activities, and managing the underwriting and financing process relative to all Company projects. This includes construction and permanent financing, and involves preparation and analysis of financial pro formas and the evaluation of tenants’ credit. Her responsibilities also include management of the annual audit and tax reporting, general and job-cost accounting controls and cash management.

Recently Ms. Saubert has been involved in analyzing due diligence information relating to the purchase and sale of numerous properties, as well as assisting in the creation of joint venture documentation for several projects. She is instrumental in maintaining strong reporting relationships with third-party investors, and also oversees many of the Company’s human resource programs. Prior to joining the Company, Ms. Saubert spent seven years working as a manager for the public accounting firm that provided tax and consulting services to The Allen Group. In this position she focused on auditing procedures for agricultural and service-oriented industries, while also working in tax and consulting roles.

Ms. Saubert graduated from California State University at Fresno in 1993 with a degree in Accounting, and earned her credentials as a CPA shortly thereafter. Ms. Saubert resides in Visalia, California.

Jenny’s bio