Dallas, Texas — (May 12, 2008) — The Allen Group today announced the sale of 198 acres of land in the Dallas Logistics Hub (DLH) to BNSF Railway Company (BNSF). In conjunction with the sale transaction the parties entered into an option agreement giving BNSF the right to purchase an additional 164 acres.
The subject property is located in the cities of Lancaster and Dallas, and provides more than 9,000 feet of rail frontage and represents a portion of the 2.5 miles of BNSF track frontage within the Dallas Logistics Hub.
For more information about the Dallas Logistics Hub visit www.dallashub.com, or information on The Allen Group, visit www.allengroup.com.
