The Allen Group Recognized for Contribution to Economic Development in Dallas

Dallas, Texas (October 28, 2006) — The Allen Group, a major developer of industrial and office properties across the United States, received an Award of Merit during the Greater Dallas Chamber annual Momentum Awards ceremony on October 26, 2006. The Awards are designed to celebrate companies who have relocated, expanded or fostered positive economic momentum in the Dallas-Fort Worth region.

The Allen Group received the award based on their commitment to Dallas and involvement in the communities surrounding the development of The Dallas Logistics Hub. The Dallas Hub is a collaborative effort between The Allen Group and the communities of Dallas, Lancaster, Wilmer and Hutchins, Texas.

Also a factor in the Award was The Allen Group’s history of creating employment, educational opportunities and resources within the communities in which its projects are located.  As with previous developments, The Allen Group is committed to working with local and minority-owned firms and encouraging area businesses to participate in the development project, contributing to the overall economic growth of their communities.  The Dallas Hub will have a significant, positive impact on the surrounding communities with the Project estimated to create a real property tax base of more than $2.5 billion while generating 30,000 direct jobs.

“We are honored to receive this recognition from a strong partner in the Greater Dallas Chamber and we are pleased they chose to recognize our commitment to be a responsible corporate citizen and neighbor in Southern Dallas County and the Metroplex,” said Leslie Jutzi, Director of Governmental Affairs and Community Relations for The Allen Group. “We look forward to continuing to drive economic growth in the area through significant contributions and projects, such as the Dallas Logistics Hub.”

This was the fourth year for the Momentum Awards, which were sponsored by Holmes, Murphy and Associates and The Dallas Morning News. Awards were also presented in other categories, including Employment Growth, and Corporate Relocation. For more information on the Greater Dallas Chamber and the Momentum Awards, please visit www.dallaschamber.org

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 commercial properties, ranging in size from 35,000 square feet to 1.7 million square feet, as well as three master-planned industrial parks.  These projects include the International Trade and Transportation Center (www.ittc.com); MidState 99 Distribution Center (www.midstate99.com); the Dallas Logistics Hub (www.dallaslogisticshub.com), and recently announced, a new BNSF Intermodal logistics hub near Kansas City.

The Company, 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.  For more information about The Allen Group, please visit www.allengroup.com.