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BNSF buys land in Dallas logistics park

BNSF Railway Co. has purchased 198 acres in the Dallas Logistics Hub in Dallas and Lancaster, Texas, according to hub developer The Allen Group. The Class I is exploring the possibility of building an intermodal terminal in the logistics park, which will include 60 million square feet of office and industrial facilities served by rail, truck and air.

BNSF also entered into an option agreement with The Allen Group to purchase an additional 164 acres.

The 198-acre property provides BNSF more than 9,000 feet of rail frontage, representing a portion of the 2.5 miles of the railroad's track frontage within the logistics park.

The Allen Group is helping BNSF develop a 1,000-acre logistics park — which will include an intermodal terminal — near Gardner, Kan.

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More News from 5/13/2008