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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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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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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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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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Sumitomo buys equity stake in Southlake builder

 

Bellevue, Wash.-based Sumitomo Forestry Seattle Inc. has taken a 50 percent stake in Southlake-based Bloomfield Homes LP.

Sumitomo Forestry Seattle is a subsidiary of Tokyo-based Sumitomo Forestry Co. Ltd. 
The acquisition of equity shares will allow Sumitomo the ability to expand its U.S. housing business.
Established in 2004, Bloomfield Homes has grown to become the eighth largest homebuilder in the region with the sales of $89 million and 400 closings in the fiscal year that ended December 2012, according to a news release. The company expects fiscal 2013 sales to be $135 million with 600 closings, according to the news release. Donald Dykstra is president of Bloomfield Homes, which has 64 full time and part time employees.
 

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