2008-10-16 16:29:03 -

- The Allen Group Jon Cross, Director of Marketing, 858-764-6800 jcross@allengroup.com The Allen Group, developers of the Dallas Logistics Hub (DLH), a 6,000-acre multi-modal logistics park in Dallas, Texas, announced today they have secured a $20 million bridge loan for the recapitalization of 1,031 acres within the DLH.

With the assistance of Holliday Fenoglio Fowler, LP, The Allen Group received a 36-month, adjustable-rate loan with American Bank of Texas.

"Securing this loan is a tremendous statement of support for the Dallas Logistics Hub by American Bank of Texas," said The Allen Group Chief Financial Officer Ken Howell. "Achieving a financial transaction is tough in today's capital markets; American Bank understands the significance of this project and its long

term value creation."

The land assemblage is located within the Dallas Logistics Hub, an Inland Port logistics park adjacent to Union Pacific's Southern Dallas Intermodal Terminal, a proposed BNSF intermodal facility, four major highway connectors (I-20, I-45, I-35 and Loop 9) and Lancaster Airport, which is in the planning stage to facilitate air-cargo distribution. DLH, which spans across the communities of Dallas, Lancaster, Wilmer and Hutchins, is master-planned for 60 million square feet of distribution, manufacturing, office and retail developments. For more information please visit www.dallashub.com

About The Allen Group

The Allen Group, one the nation's fastest growing privately held commercial development firms, specializes in the development of high-end industrial, office, retail and mixed-use properties throughout the United States. The Company's major focus is the development of Logistics Parks and Inland Ports that are located adjacent to some of the most sophisticated rail, intermodal and highway infrastructure in the country. The Allen Group has developed a wide rage of commercial projects and currently has over 8,000 acres under development across the United States. The Allen Group is based in San Diego with regional offices in Visalia, Bakersfield (Calif.), Dallas and Kansas City. www.allengroup.com.

One of the Most Sophisticated New Inland Ports Logistics Parks in
North America