Dallas-based electric transmission company acquires 9.3 acre site
for electric transmission substation site in southern Dallas County’s world-class logistics park.
DALLAS, Texas, (February 19, 2009) — The Allen Group, developers of the Dallas Logistics Hub (DLH), a 6,000-acre multi-modal logistics park in southern Dallas County, announced today that Oncor Electric Delivery Company LLC (Oncor), a regulated electric distribution and transmission company, acquired a 9.3-acre-land parcel for an electric transmission substation within the DLH.
Construction of the new electric transmission substation is scheduled to commence by May 2009 and is being constructed, in part, to support the more than 60 million square feet of planned industrial growth within the Dallas Logistics Hub. The site will become the third substation within the boundaries of the DLH and the fourth within the service area of the DLH.
Oncor is responsible for planning and building the electric transmission system, from the generator to the distribution substations, in portions of northern, western, and central Texas. Oncor is additionally responsible for operating its transmission system and maintaining the structures, wires, and associated facilities necessary for the reliable transmission of electricity.
“The infrastructure within the Dallas Logistics Hub continues to grow,” said The Allen Group’s Texas Division President Daniel J. McAuliffe. “This electric transmission substation, along with the existing facilities, will enable users within the DLH to receive redundant electrical power from a very high quality and reliable service provider.”
The DLH was represented by Jason Elms and Dan McAuliffe and the buyer was represented by Wendell South and Billy Dearmon in the real estate transaction.
For more information about The Allen Group and the Dallas Logistics Hub, please visit www.dallashub.com.
About the Dallas Logistics Hub
The Dallas Logistics Hub is the largest new inland port in North America, with 6,000 acres master-planned for 60 million square feet of distribution, manufacturing, office and retail developments. The Hub will position Dallas as the number one trade exchange in the Southwest region and serve as the primary gateway for the distribution of goods to the major population centers in the Central and Eastern United States. This premiere logistics park is adjacent to four major highway connectors (I-20, I-45, I-35 and proposed Loop 9), Union Pacific’s Dallas Intermodal Terminal, a potential BNSF intermodal facility, and a future air cargo facility at Lancaster Airport. The Dallas Logistics Hub, which spans across the communities of Dallas, Lancaster, Wilmer and Hutchins, is positioned to serve as a major logistics center for regional and national distribution. Learn more at www.dallashub.com.
About The Allen Group
The Allen Group, one the nation’s largest privately held commercial real estate firms, specializing in the development of premier industrial, office, retail and mixed-use properties throughout the United States, and developing logistics parks and inland ports, which are located adjacent to some of the most sophisticated rail, intermodal and highway infrastructures in the country. The Allen Group has developed a wide range of commercial projects for Fortune 500 and Fortune 100 clients, and currently has over 8,000 acres under development across the United States. The Allen Group is based in Dallas, Texas, with regional offices in Visalia, Bakersfield, and San Diego, CA as well as Kansas City. For more information, please visit www.allengroup.com.
About Oncor Electric Delivery Company LLC
Oncor Electric Delivery Company LLC is a regulated electric distribution and transmission business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor operates the largest distribution and transmission system in Texas, delivering power to 3 million electric delivery points over more than 102,000 miles of distribution lines and 14,000 miles of transmission lines. While Oncor is owned by a limited number of investors (including majority owner Energy Future Holdings Corp.), Oncor is managed by its Board of Directors, which is comprised of a majority of independent directors. For more information, please visit www.oncor.com.