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Monday, 14 July 2008 09:30

ADESA Signs 20-Year Lease for Hutchins, TX Facility

ADESA, a vehicle auction operator, has signed a 20-year lease for a new auction center at the Dallas Logistics Hub with The Allen Group, the site's San Diego-based developer. The facility will be built on 175 acres at the northwest corner of Wintergreen Road and North Lancaster Hutchins Road in Hutchins, Texas.

The 196,000-square-foot facility will be comprised of two industrial buildings used for auction and reconditioning purposes and an administrative/financial office building. The industrial buildings will also be the first two industrial buildings in north Texas to pursue LEED certification. It is Allen Group's goal to keep the Dallas Logistics Hub environmentally friendly.

ADESA predicts that the facility will require several hundred full-time and part-time employees when it is up and running. Construction is expected to start in late July and conclude by fall 2009.

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