The Allen Group Hosts Official Groundbreaking
Ceremony for ADESA
The First Build-to-Suit Tenant at the Dallas Logistics Hub
DALLAS, TX. (August 27, 2008) — The Allen Group, developer of the Dallas Logistics Hub, will hold a groundbreaking ceremony for ADESA’s new state-of-the-art auto auction facility on Tuesday, September 9, 2008 at 2:00 p.m. The build-to-suit facility will be located on 175 acres within the City of Hutchins. The property will house three buildings totaling approximately 196,000 square feet of space for an auction arena, administrative and financial offices and reconditioning facilities. Below is further information about the event:
WHAT: Groundbreaking Ceremony
WHO: Artis Johnson, Mayor, City of Hutchins
Richard S. Allen, Chief Executive Officer, The Allen Group
Daniel J. McAuliffe, President, Allen Development of Texas
Tom Caruso, Chief Operating Officer, ADESA
Warren Byrd, Executive Vice President of Corporate Development,
ADESA Pat Stevens, Regional Vice President, Western Region,
ADESA
WHEN: Tuesday, September 9, 2008
2:00 p.m. – 3:00 p.m. (Program)
WHERE: ADESA Construction Site
3501 Lancaster-Hutchins Road
Hutchins, Texas 75141
(Directions: See Attached Map)
VISUALS: State & Local Elected Officials
Ceremonial Shovel Dig
Construction Site
Construction Equipment & Trucks
ADESA offers a full range of auction, reconditioning, logistical and other vehicle-related services to meet the remarketing needs of both its institutional and dealer customers. With 62 auction locations in the United States, Canada and Mexico, strategically located near metropolitan areas with a large concentration of used vehicle dealers, the company is well positioned to host both physical and Internet auctions. Through its related subsidiaries of AutoVIN® and PAR North America, it is also able to provide additional services including inspections, inventory audits and remarketing outsourcing solutions including a network of repossession agents, titling and auction sale representation.
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 Airport, which is in the master-planning stages to facilitate air-cargo distribution.
