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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

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Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Fort Worth temporarily stops issuing new home permits in TCU area

The moratorium will give a committee and the City Council time to review a proposed overlay that will pare the number of permissible unrelated adults living in the same house.

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Atlas Resource Partners prices public offering

. Lee Graham
Reporter

Atlas Resource Partners LP, which owns an interest in thousands of North Texas natural gas and oil wells, has priced a public offering of 13 million common units representing limited partner interests at an offering price of $21.75 per unit.
Underwriters have been granted a 30-day option to purchase up to 1,950,000 more common units.
Atlas plans to use net proceeds from the offering to fund part of its acquisition of natural gas assets from EP Energy. Before funding the pending acquisition, Atlas said it may use some or all of the net proceeds for general partnership purposes, which may include repayment of outstanding borrowings under its revolving credit facility.
Acting as joint book-running managers for the offering are Wells Fargo Securities, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets.
Atlas Resource Partners LP, an exploration and production master limited partnership, owns an interest in more than 10,000 producing natural gas and oil wells, primarily in North Texas’ Barnett Shale and Appalachia. More information is available at www.atlasresourcepartners.com.

 

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