2014

Official Opening of Coleman's Distribution Center at Midwest Commerce Center in Gardner, Kansas

SAN ANTONIO, April 9 /PRNewswire/ -- The Coleman Company, Inc., together with USAA Real Estate Company and LS Commercial Real Estate, Inc., today celebrated the official opening of Coleman's Distribution Center at Midwest Commerce Center in Gardner, Kansas.

Kansas Secretary of Commerce Bill Thornton is scheduled to attend the event, along with local officials and business leaders.

"We are pleased to celebrate this formal opening as a significant milestone for our company and a key component of our global business strategy," says Sam Solomon, Coleman President and CEO. "The Coleman Distribution Center project is driven by the desire to better serve our customers, allowing Coleman to reduce cycle time and deliver increased value to customers and consumers."

"It has been a real pleasure working with LS Development and The Coleman Company, Inc.  to make this significant development become a reality," stated Pat Duncan, Chairman and CEO of USAA Real Estate Company.  "We are excited with our investment in the community and look forward to further development opportunities at Midwest Commerce Center and throughout the great state of Kansas."

Distribution Center highlights:

  • 1 million square feet
  • 25 acres under roof (20 football fields)
  • 3,000 truckloads of concrete on the interior; 3,000 truckloads of concrete, exterior
  • 100 dock doors, trailer parking for 300
  • The building is accumulating LEED points and working towards becoming LEED certified.  LEED is the nationally accepted benchmark for the design, construction and operation of high-performance green buildings
    • For energy efficiency, all lighting is operated by motion sensors and the roof is specially painted to reflect light

The new leased facility is located near a rail head for distribution of Coleman's imported products under the Coleman® and Stearns® brands, and near the centroid of Coleman's outbound customers. At present, the DC employs approximately 160 full-time Coleman employees and a contingent workforce of more than 100.

About USAA Real Estate Company

USAA Real Estate Company, with approximately $5 billion assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, retail, multi-family and hotel properties as well as investments in real estate operating companies with annual volume transactions exceeding $3 billion. USAA Real Estate is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.

For more information contact

Sharon Ballenger (210) 641-841



SOURCE USAA Real Estate Company



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http://www.usrealco.com

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