Category Archives: Press Releases

Valley Transportation Leases Space at International Trade & Transportation Center in Shafter, Calif.

Valley Transportation Leases Space at International Trade & Transportation Center in Shafter, Calif.

SHAFTER, Calif. — (Jan. 17, 2008) — The Allen Group, one of the nation’s expert developers of rail and intermodal served logistics parks, announced today that Valley Transportation has leased space at the International Trade and Transportation Center (ITTC) in Shafter, Calif.

Valley Transportation, a ground transportation company specializing in air freight, recently signed a five-year lease for 22,500 square feet at The Allen Group’s International Trade Building 6 (ITB6), one of the few industrial buildings with available space in the market. The company recently relocated from an older facility in Bakersfield.

“Companies today are looking for readily available space, in high-tech industrial facilities, near the nexus of rail, intermodal and highway infrastructure,” said Larry Montgomery, Director of Development for The Allen Group’s California Operation. “The Allen Group was able to provide Valley Transportation with a turn-key solution to maximize their distribution efforts.”

International Trade Building 6, a 288,000 square-foot speculative distribution facility, is the newest building developed at ITTC. Other tenants include Formica Corporation and Am-Pac Tire Distributors. Currently there is 125,000 square feet of available space for lease.

For more information about build-to-suit sites or leasing opportunities at ITTC, please contact Stephen Haupt, Senior Vice President of Colliers Tingey International, at 661-631-3800.

International Trade and Transportation Center
ITTC is a 700-acre master-planned logistics park developed by The Allen Group, one of the nations expert developers of rail and intermodal served logistics parks, known as Inland Ports. ITTC is strategically located in Southern California near Bakersfield, Calif. The park offers direct rail service by BNSF Railway and is in close proximity to Interstate 5 and Highway 99, the two major trucking corridors in Calif. ITTC has emerged as an attractive alternative to the Inland Empire and other markets for the location of distribution and logistics centers. The region offers a lower cost of doing business, access to a large labor pool, and proximity to affordable housing.

More than 40,000,000 consumers live within a 300-mile radius of ITTC, with Target Corporation operating a 1.7-million square foot regional warehouse and distribution center. Other tenants include Hillman Fasteners, State Farm Insurance, Formica Corporation, Am-Pac Tire Distributors and Valley Transportation.

Dallas Logistics Hub Groundbreaking Ceremony

The Allen Group Hosts Official Groundbreaking Ceremony for the First Two Industrial Buildings at the Dallas Logistic Hub

DALLAS, TX. (November 21, 2007) — The Allen Group, developer of the Dallas Logistics Hub, will hold agroundbreaking ceremony for its first two industrial buildings. These two buildings will provide over 827,000 square feet of new industrial space for lease in the emerging Southern Dallas County industrial market and are currently scheduled to be the first LEED Certified industrial buildings in North Texas. Below is further information about the event:

WHAT:
Groundbreaking Ceremony

THEME:
“Beginning to Build”

WHO:
Mayor of Dallas, Tom Leppert
Dallas City Councilmember, Tennell Atkins
Dallas City Councilmember, Ron Natinsky
Richard S. Allen, Chief Executive Officer, The Allen Group
Daniel J. McAuliffe, President, Allen Development of Texas
Michael Williams, Chief Executive Officer, 3i Construction

WHEN:
Tuesday, November 27, 2007
8:00 a.m. – 9:00 a.m. (Program)

WHERE:

DLH Buildings 1 & 2 Construction Site
4800 Langdon Road
Dallas, TX
(Exit I-20 at Bonnie View Rd. Drive south on Bonnie View Rd. to the first cross street,
Langdon Rd. Turn east on Langdon Rd and continue for ¼ mile. Look for event signage.)

VISUALS:
State & Local Elected Officials
Ceremonial Shovel Dig
Construction Site
Construction Equipment & Trucks

The Dallas Logistics Hub is the largest new logistics park in North America with 6,000 acres master-planned for up to 60 million square feet of vertical space for distribution, manufacturing, office and retail uses. This premiere logistics facility is adjacent to Union Pacific’s Southern Dallas Intermodal Terminal, a potential BNSF intermodal facility, four major highway connectors (I-20, I-45, I-35, Loop 9) and the Lancaster Municipal Airport, which is in the master-planning stages to facilitate air-cargo distribution. The Dallas Hub, which spans across the communities of Dallas, Lancaster, Wilmer and Hutchins, is a key component of the NAFTA infrastructure. It will serve as a key “inland port” receiving products from the Ports of L.A./Long Beach and Houston, as well as the western deep water ports in Mexico for regional and national distribution.

The Allen Group Starts Construction on First Industrial Buildings at the Dallas Logistics Hub

The Allen Group Starts Construction on First Industrial Buildings at the Dallas Logistics Hub

Over 827,000 square feet of distribution/warehouse space available for lease

DALLAS, TX (Oct. 4, 2007) — The Allen Group has started construction on the first two industrial buildings at the Dallas Logistics Hub (“The Hub”), a 6,000 acre multi-modal logistics park. These buildings will provide over 827,000 square feet of new industrial space for lease in the emerging Southeast Dallas County industrial market.

DLH Building 1, a 635,000 square-foot cross-dock distribution facility, and DLH Building 2, a 192,850 square-foot warehouse facility, will both be available for occupancy in April 2008.

The development team includes: GSO Architects, as architects and structural engineers; Kimley-Horn & Associates as civil engineers and MYCON and 3i Construction, as general contractors.

“The Dallas Logistics Hub is open for business,” said Daniel J. McAuliffe, President of Allen Development of Texas. “The Hub has quickly emerged as the prime logistics location in North Texas because of its strategic access to rail, intermodal and highway infrastructure.”

The Dallas Logistics Hub is adjacent to Union Pacific’s Southern Dallas Intermodal Terminal, a proposed BNSF intermodal facility, four major highway connectors (I-20, I-45, I-35 and Loop 9) and Lancaster Airport, which is in the master-planning stage to facilitate air-cargo distribution. The Hub is also a key component of the NAFTA infrastructure and will serve as a major “Inland Port” by receiving products from the Ports of Los Angles, Long Beach, Houston, and the new deep-water ports in western Mexico for regional and national distribution.

For more information about pre-leasing please contact Daniel J. McAuliffe at 214-661-1800.

For more information on the Dallas Logistics Hub, please visit the projects interactive website www.dallashub.com.

*Editor’s note: High-resolution current construction photos and DLH building renderings are available upon request.

FOR IMMEDIATE RELEASE

For more information contact: Amy Toosley, Senior Account Executive
Allison & Partners
Phone: 619-533-7976
E-mail: amy@allisonpr.com

Jon Cross, Director of Marketing
The Allen Group
Phone: 858-764-6800
E-mail: jcross@allengroup.com

The Allen Group
The Allen Group, one the nation’s fastest growing privately held commercial development firms, specializes in the development of high-end industrial, office, retail and mixed-use properties throughout the United States. The Company’s major focus is the development of logistics parks — “inland ports” — that are situated adjacent to some of the most sophisticated rail, intermodal and highway infrastructure in the country. The Allen Group
 developed over one billion dollars in projects ranging in size up to 1.7 million square feet and currently has more than 8,000 acres under development across the United States. The Allen Group is based in San Diego with regional offices in Visalia, Bakersfield (Calif.), Dallas and Kansas City. For more information about the Company, please visit www.allengroup.com.

The Allen Group Announces Construction Plans for Two Industrial Buildings for Lease at MidState 99 Distribution Center in Visalia, Calif.

The Allen Group Announces Construction Plans for Two Industrial Buildings for Lease at MidState 99 Distribution Center in Visalia, Calif.

Over 280,000 square feet of Distribution/Warehouse Space Under Construction

VISALIA, CA (Sept. 20 2007) – The Allen Group, a commercial development firm specializing in logistics parks and industrial developments, today announced construction plans for two additional industrial buildings at its MidState 99 Distribution Center in Visalia, Calif., one of the fastest growing industrial markets in the State.

The 139,590 square-feet MidState Hayes Building 5 and 140,700 square-feet MidState Hayes Building 6 will both be developed as warehouse/distribution facilities. The project is currently under construction, with both buildings available for occupancy in April 2008.

The MidState 99 Distribution Center has eight existing buildings totaling over two million square feet of space, all of which are 100 percent occupied. 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 are left for future build-to-suit opportunities up to one million square-feet.

The development team includes: Taylor-Teter Partnership, as architects and structural engineers; Lane Engineers Inc., as civil engineers and B.J. Perch Construction, as general contractors.

The Allen Group’s MidState 99 Distribution Center is strategically located in the heart of California, with a two-day distribution radius reaching over 65 million people in the western United States. The logistics park offers tenants overnight distribution to 98 percent of California at ground rates through the local UPS regional hub, providing a distinct distribution advantage not available in the Northern or Southern California markets. MidState 99 is also adjacent to rail access and State Highway 99, the major trucking corridor in California. 09_20_07_TAG_Announces_Two_Spec_Buildings_MS99

“With a strong labor workforce, lower land and lease rates, and an affordable cost of living, Visalia continues to become one of the hottest industrial markets in California’s Central Valley,” said David Hernandez, Director of Construction Services for The Allen Group’s California Operations. “No other distribution center in the West reaches so many markets and population centers overnight.”

For more information about pre-leasing Midstate Hayes Buildings 5 and 6, please contact Doug Burr of Burr Commercial at 559-733-1600.

For more information about MidState 99 Distribution Center, please visit The Allen Group’s newly launched interactive website www.midstate99.com.

The Allen Group Retains Two Dallas Area Contractors for Initial Building Construction at the Dallas Logistics Hub

The Allen Group Retains Two Dallas Area Contractors for Initial Building Construction at the Dallas Logistics Hub

Dallas-based 3i Construction and McKinney-based MYCON General Contractors are Selected

DALLAS, TX. (July 23, 2007) — The Allen Group, developer of the Dallas Logistics Hub (The Hub), a 6,000 acre logistics park in Southern Dallas County, today announced it has selected two Dallas area contractors for the construction of its first two spec warehouse/distribution buildings, 3i Construction, LLC and MYCON General Contractors, Inc.

3i Construction, LLC, a Dallas based minority owned general contractor has been retained for the construction of DLH Building 2, a 192,850 square foot warehouse building. In addition to being selected as the lead on DLH Building 2, 3i Construction has also been selected to provide additional construction services for The Hub’s DLH Building 1.

MYCON General Contractors, Inc., of McKinney, Texas has been retained for the construction of DLH Building 1, a 635,000 square foot cross-dock distribution facility.

“Both MYCON and 3i Construction are pleased to join the Dallas Logistic Hub team and bring vertical life to this important project,” said Micheal Williams, CEO & President of 3i Construction. “Our companies look forward to delivering high quality environmentally sensitive buildings that compliment the unmatched logistical infrastructure at The Hub.”

Construction of Buildings 1 and 2 will commence in late July 2007 and be completed by February 2008.

“We are pleased to announce the addition of 3i Construction and MYCON General Contractors, Inc. to the team at the Dallas Logistics Hub,” said Daniel J. McAuliffe, President of Allen Development of Texas. “It was imperative that we find qualified and experienced partners, such as the two selected firms, to help us start building one of the most sophisticated logistics parks in the country.”

The Allen Group continues to demonstrate its commitment to the community and minority participation. The Company is the only commercial developer in the Dallas Fort Worth Metroplex with a publicly stated minimum minority participation goal of 25 percent on private projects and a minimum 25 percent on public projects.

3i Construction LLC, the first African-American construction management firm to construct a $10 million facility for the Dallas Independent School District, has expanded its business to include the construction of stadiums, educational facilities, financial institutions, as well as religious buildings, restaurants, airports and fire stations.

MYCON General Contractors, Inc. specializes in integrating construction management services, including pre-construction planning, conceptual estimating, tenant interior coordination, value engineering, permitting assistance, design/build, and post-construction needs. MYCON’s construction portfolio consists of industrial, office, retail, golf clubhouse and church facilities.

The Dallas Logistics Hub (“The Hub”) is the largest new logistics park under development in North America, with over 6,000 acres master-planned for the development of 60 million square feet of distribution, manufacturing, office and retail uses. Given its unmatched intermodal, rail and highway access, The Hub positions Dallas as the premier trade hub in the Southwestern United States and will serve as the primary gateway for the distribution of goods to the major population centers throughout the Central and Eastern United States. The Hub master-plan will include warehouse and distribution facilities, light manufacturing, and retail support services, business-class hotels, restaurants, as well as single- and multi-family housing.

The Hub is located adjacent to Union Pacific’s Southern Dallas Intermodal Terminal, a proposed BNSF intermodal facility, four major highway connectors (I-20, I-45, I-35 and the future Loop 9/Trans-Texas Corridor) and Lancaster Airport, which is in the master-planning stage to facilitate air-cargo distribution. The Hub is also a key component of the NAFTA infrastructure and will serve as a major “inland port” bringing products for regional and national distribution from the Ports of L.A./Long Beach, Houston, and the new deepwater ports in western Mexico.

For more information on the Dallas Logistics Hub, please log on towww.dallashub.com.

The Allen Group

The Allen Group, one the nation’s fastest growing privately held commercial development firms, specializes in the development of high-end industrial, office, retail and mixed-use properties throughout the United States. The Company’s major focus is the development of logistics parks — “inland ports” — that are situated adjacent to some of the most sophisticated rail, intermodal and highway infrastructure in the country. The Allen Group has developed over one billion dollars in projects ranging in size up to 1.7 million square feet and currently has more than 8,000 acres under development across the United States.

The Allen Group is based in San Diego with regional offices in Visalia, Bakersfield (Calif.), Dallas and Kansas City. For more information about the Company, please visitwww.allengroup.com.

Am-Pac Tire Pros Leases Space at the International Trade & Transportation Center in Shafter, Calif.

Am-Pac Tire Pros Leases Space at the
International Trade & Transportation Center in Shafter, Calif. 

SHAFTER, CA (July 10, 2007) — The Allen Group, one of the nation’s fastest growing privately held commercial development firms, announced today that Am-Pac Tire Pros Distributors has signed a 7-year lease to locate a new tire warehouse and distribution operation at the International Trade and Transportation Center (ITTC) in Shafter, Calif., near Bakersfield.

Am-Pac Tire will occupy 42,000 square feet in International Trade Building 6 (ITB6).  This facility will serve as the company’s Southern San Joaquin Valley and central coast distribution center.

“The Allen Group was able to offer us readily available space at the International Trade and Transportation Center, which is the perfect location for our expanding distribution needs,” said Ed Mangola, National Marketing Manager for Am-Pac Tire Distributors.

International Trade Building 6, a 288,000 square foot facility, is the latest industrial spec building developed at ITTC.  Tenants include Formica Corporation and Am-Pac Tire Distributors, with 148,187 square feet of available space for lease.  For more information about build-to-suits or leasing opportunities at ITTC, please contact Stephen Haupt, Senior Vice President of Colliers Tingey International at 661-631-3800.

International Trade and Transportation Center
ITTC is a 700-acre master-planned logistics park strategically located in Southern California near Bakersfield, Calif.  The park offers direct rail service by BNSF Railway and is in close proximity to Interstate 5 and Highway 99, the two major trucking corridors in Calif. ITTC has emerged as an attractive alternative to the Inland Empire and other markets for the location of distribution and logistics centers.  The region offers a lower cost of doing business, access to a large labor pool, and proximity to affordable housing.

More than 40,000,000 consumers live within a 300-mile radius of ITTC, with Target Corporation operating a 1.7-million square foot regional warehouse and distribution center.  Other tenants include Hillman Fasteners, State Farm Insurance, Formica Corporation and Am-Pac Tire Distributors.

The Allen Group
The Allen Group, one the nation’s fastest growing privately held commercial development firms, specializes in the development of high-end industrial, office, retail and mixed-use properties throughout the United States.  The Company’s major focus is the development of logistics parks — “inland ports” — that are situated adjacent to some of the most sophisticated rail, intermodal and highway infrastructure in the country. The Allen Group developed over one billion dollars in projects ranging in size up to 1.7 million square feet and currently has more than 8,000 acres under development across the United States.  The Allen Group is based in San Diego with regional offices in Visalia, Bakersfield (Calif.), Dallas and Kansas City. For more information about the Company, please visit www.allengroup.com.

The Allen Group Starts Construction on For Sale Office Project in Sacramento

The Allen Group Starts Construction on For Sale Office Project in Sacramento

– Class A Office Design Elements First of its Kind in the Sacramento Market –

SACRAMENTO, CALIF. (JULY 9, 2007) — The Allen Group, a major developer of commercial properties across the United States, announced the start of construction on The River Plaza Corporate Center, a 175,000 square foot “for sale” office park development located in Sacramento, Calif.

The River Plaza master-plan details 12 separate two-story office buildings, ranging in size from 11,000 square feet to 17,000 square feet.  Each building will be available for sale individually or can be divided into first and second floor units, allowing buyers to purchase unit sizes as small as 4,500 square feet.  Each building will have its own private “residential style” garage, surface level parking, private elevator access, and 24-foot vaulted ceilings on the second floor.  The site will also include extensive landscaping with outdoor eating areas and water features.

Located at 2500 River Plaza Drive, the project is situated on 11 acres along the Sacramento River, directly adjacent to the California Farm Bureau headquarters in South Natomas.  River Plaza has immediate access to Interstates 5 and 80 and is only minutes from downtown Sacramento and the international airport.

Phase one will consist of six buildings to be constructed and available by 1st Quarter 2008.  One of the first six buildings will be constructed as a model with full tenant improvements, available to view by appointment.

River Plaza is a joint development between The Allen Group and the California Farm Bureau Federation.  The project architect is Smith Consulting Inc. and the general contractor is Brown Construction. The project’s construction lender is Bank of America and the marketing brokers are CB Richard Ellis Inc.

For more information on the River Plaza Corporate Center or to inquire regarding purchasing office space please contact Greg Levi, Senior Vice President, CB Richard Ellis of Sacramento at 916-446-8285.

Editor’s Note:Site plans & building design photos are available upon request.

The Allen Group
The Allen Group, one the nation’s fastest growing privately held commercial development firms, specializes in the development of high-end industrial, office, retail and mixed-use properties throughout the United States. The Allen Groupdeveloped over one billion dollars in projects ranging in size up to 1.7 million square feet and currently has more than 8,000 acres under development across the United States.  

The Allen Group is based in San Diego with regional offices in Visalia, Bakersfield (Calif.), Dallas and Kansas City. For more information about the Company, please visitwww.allengroup.com.

Patrick Robinson Joins The Allen Group as Director of Engineering for Allen Development of Kansas

Patrick Robinson Joins The Allen Group as Director of Engineering for Allen Development of Kansas

Kansas City, KS (June 28, 2007) — The Allen Group, a major developer of commercial properties across the United States, has named Patrick Robinson, Director of Engineering for Allen Development of Kansas.

In his new position, Robinson will assist with the management, coordination and development of public and private infrastructure improvements in and around The Allen Group developments in the Kansas City metropolitan area.  His primary focus will be to coordinate and supervise land development activities, consultants, contractors, project schedules, budget administration and construction associated with the KC Logistics Park.

“We are very pleased to have Patrick join the team in Kansas City,” said William Crandall, President of Allen Development of Kansas. “His wealth of experience in commercial real estate and financing of public infrastructure improvements will be invaluable to the development of the KC Logistics Park, as well as the Company as a whole.”

Prior to joining The Allen Group, Robinson served as Land Planning and Entitlement Manager for Pulte Homes, one of the nation’s largest homebuilders.  During his time with Pulte Homes, he served as the primary point of contact with consultants and governmental agencies.  Robinson’s experience includes entitlement approvals for more than 1,000 acres of commercial and residential land developments, land acquisition and disposal, and financing of public infrastructure improvements.

Robinson received a Bachelor of Science in Civil Engineering from the University of Missouri at Rolla. He is a registered Professional Engineer in the state of Kansas, and a member of the American Public Works Association, the American Society of Civil Engineers and the Kansas City Area Development Council.

For more information on The Allen Group or the KC Logistics Park, log on towww.allengroup.com.

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*Editor’s note:  A high resolution photo of Patrick Robinson is available upon request.

Kansas CityLogistics Park
KC Logistics Park is a 1,000 acre intermodal-served logistics park situated at the gateway to America’s population.  Located in Gardner, Kansas, 25 miles southwest of Kansas City, KC  Logistics Park is the latest project to be developed by The Allen Group.  In the fall of 2006, BNSF Railway selected The Allen Group as their real estate development company of choice to develop the project for future distribution and warehouse facilities.  At full build-out, KC Logistics Park will have in excess of 7 million square feet of vertical development, creating over 13,000 new jobs and providing a $1.7 billion economic impact to the State of Kansas. 

The Allen Group
The Allen Group, one the nation’s fastest growing privately held commercial development firms, specializes in the development of high-end industrial, office, retail and mixed-use properties throughout the United States.  The Company’s major focus is the development of logistics parks — “inland ports” — that are situated adjacent to some of the most sophisticated rail, intermodal and highway infrastructure in the country. The Allen Group developed over one billion dollars in projects ranging in size up to 1.7 million square feet and currently has more than 8,000 acres under development across the United States.

The Allen Group is based in San Diego with regional offices in Visalia, Bakersfield (Calif.), Dallas and Kansas City. For more information about the Company, please visitwww.allengroup.com.

State of Nuevo Leon, Mexico and The Dallas Logistics Hub Sign Historical Memorandum of Understanding

State of Nuevo Leon, Mexico and The Dallas Logistics Hub Sign Historical Memorandum of Understanding

DALLAS, TX (June 1, 2007) – Mexico-based INVITE and the Texas-based Dallas Logistics Hub signed a historic Memorandum of Understanding (MOU) today to increase the competitiveness of the Interpuerto and the Dallas Logistics Hub as a result of improved logistics systems between Monterrey – Saltillo, Mexico and the Southern Sector of Dallas County, Texas. This new international partnership will focus on improving the security, speed and efficiency of moving goods between these two major logistics centers.

INVITE, an entity of the State of Nuevo Leon, Mexico, which is developing an inland port and manufacturing facility, and The Allen Group, which is developing the 6,000 acre Dallas Logistics Hub in Southern Dallas County of Texas, have signed a Memorandum of Understanding that will create an efficient new trade corridor between Mexico and the United States.

The MOU establishes a collaboration of the parties on several issues, including the designation of a customs pre-clearance zone for the development of integrated logistics systems connecting the Interpuerto in Monterrey – Saltillo, Mexico and the Dallas Logistics Hub in Southern Dallas County, Texas. The objective on both sides of the border is to improve the competitiveness of enterprises established at both locations.

“Customs pre-clearance is important for both parties as it will expedite the flow of goods between Nuevo Leon and Texas and provide additional security for enterprises operating within the facilities,” said Ambassador Francisco Javier-Alejo, Nuevo Leon’s Executive Coordinator for INVITE.

Texas Secretary of State Roger Williams has focused on the promotion of trade and the flow of goods between Mexico and the United States through NEMEX-TX. “This is just the type of partnership we want to see,” said Williams. “It’s good for Texas, and it’s also good for our neighbors to the South in Mexico.”

The parties anticipate that new jobs will be created as a result of the improved competitiveness of U.S. and Mexican enterprises and that these enterprises will be able to compete with manufactured products from other parts of the world.

According to the parties, their collaboration and understanding is motivated by the fact that inefficient logistics systems in the movement of goods between the Mexico and the U.S. is a major impediment to their ability to compete with products imported from other parts of the world. The MOU will facilitate the development of a new and proprietary transportation system to help address these inefficiencies.

“This proprietary transportation system will result in better delivery times and increased competitiveness of Mexican goods being delivered to the Dallas Logistics Hub,” said Dan McAuliffe, president of The Allen Group, the entity constructing the Dallas Logistics Hub.

INVITE is presently involved in several initiatives to create improved logistics systems between the states of North Eastern Mexico and Texas, designated as NEMEX-TEX, including the development of Monterrey as a Logistics Gateway.

The Allen Group is presently involved in the development of the Dallas Logistics Hub, on a site of approximately 6,000 acres adjoining Interstates 35, 45, and 20 in the Dallas/Fort Worth Metroplex, and also manages intermodal logistics parks in Kansas City and along the West Coast of the United States.

The Allen Group and BNSF Railway Finalize Agreements for Logistics Park – Kansas City

The Allen Group and BNSF Railway Finalize Agreements for Logistics Park – Kansas City

San Diego, California (May 10, 2007) — The Allen Group, a major developer of logistics parks and commercial properties throughout the United States, and BNSF Railway Company (BNSF) have finalized the land purchase rights and related pre-development agreements for The Allen Group’s development of Logistics Park – Kansas City.

BNSF currently owns 997 acres, with 418 acres dedicated to a new BNSF intermodal facility. Pursuant to the option agreement, BNSF has granted The Allen Group the exclusive right to purchase the remaining portion of the site (579 acres) for the development of distribution and warehouse facilities for Logistics Park – Kansas City adjacent to the BNSF intermodal facility.

BNSF Railway, the nation’s largest intermodal carrier, pioneered the logistics park development concept within the rail industry, and is expected to open its new intermodal facility in 2009.

“We are pleased to finalize the agreements with BNSF so we can continue to move forward with the development of our Logistics Park project,” said Richard S. Allen, Chief Executive Officer of The Allen Group.

“We continue to work with the state, county and local officials for the progression of this project, which will have a significant economic impact in the State of Kansas,” said Bill Crandall, recently announced President of Allen Development of Kansas.

Logistics Park – Kansas City is located in Gardner, Kansas, 25 miles southwest of Kansas City. The Park is adjacent to Interstate 35, BNSF’s Transcontinental mainline, and BNSF’s planned new intermodal facility. Over the 20 year build-out, the Logistics Park is projected to help create 7.1 million sq. ft. of vertical development and 13,000 jobs in the State of Kansas.