The Allen Group Promotes Daniel McAuliffe to President of Allen Development of Texas

Dallas, Texas (April 24, 2007) — The Allen Group, a major developer of industrial and office properties across the United States, has promoted Daniel McAuliffe to President of Allen Development of Texas.

In his newly appointed position, McAuliffe will direct The Allen Group’s Texas operations, including managing the development of the Dallas Logistics Hub (“The Hub”), the largest new logistics park under development in North America, with over 6,000 acres master-planned for the construction of 60 million square feet of distribution, manufacturing, office and retail uses.

In November of 2005 McAuliffe joined The Allen Group as Vice President of Development, bringing more than 24 years of diversified commercial real estate expertise. Prior to joining the Company, McAuliffe held long-term executive positions in real estate organizations including Texas Industries, Inc., J.E. Robert Companies and Brookhollow Corporation.

A native Texan, McAuliffe graduated from the University of Texas at Dallas, where he received a B.S. in Finance. He is also a Certified Commercial Investment Member (CCIM) of the Realtors National Marketing Institute, as well as a licensed real estate broker in Texas.