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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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Texas Capital sets executive transition

 

Texas Capital Bancshares Inc. , parent company of Texas Capital Bank, announced Tuesday that CEO George Jones will retire at the end of the year. The Dallas-based bank’s Board of Directors has promoted Texas Capital Bank President, Chief Operating Officer and Chief Lending Officer Keith Cargill as CEO of Texas Capital Bank and COO of Texas Capital Bancshares, Inc. effective immediately. The board also named Cargill as Jones’ successor. He will be President and CEO of Texas Capital Bancshares upon Jones’ retirement.
“Keith and I were co-founders of Texas Capital Bank and have been friends and partners for 35 years,” said George Jones, president and CEO of Texas Capital Bancshares, in a news release. “I couldn’t be more pleased to have Keith succeed me, and I have every confidence in his ability to lead and grow this company going forward. Today’s announcements are a natural progression of our well-thought out succession planning, which has been based on our business philosophy.”
Texas Capital Bank, founded in 1998, has a Fort Worth location in The Tower at 570 Throckmorton as well as locations in Dallas, Austin, San Antonio and Houston. 
“Texas Capital Bank has experienced 15 years of consecutive growth under the leadership of these two very fine men,” said Larry Helm, chairman of Texas Capital Bancshares Inc. Board of Directors. “Both George and Keith have grown this bank during the worst recession through steady stewardship. The board is pleased with the orderly transition of leadership.”
 

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