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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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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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Oil near $105 ahead of US supplies report
BANGKOK (AP) — Oil rose to near $105 a barrel Wednesday, driven by speculation that U.S. crude stockpiles fell last week in a sign of higher demand.
 

Benchmark crude for August delivery was up $1.12 to $104.65 a barrel at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. Earlier in the day it reached $104.79, which is oil's highest price since May 2 last year. The contract gained 39 cents to close at $103.53 on Tuesday.

Oil was higher after Bloomberg, a financial data provider, said U.S. crude inventories fell by 9 million barrels last week. It cited an unnamed person at the American Petroleum Institute, an industry group. The Energy Department releases its weekly report on U.S. inventories of crude oil and refined fuels later Wednesday.

A drop in supplies would suggest stronger demand and underline the signs of economic recovery shown in last week's stronger-than-expected U.S. hiring report.

Other factors that could influence trading Wednesday include OPEC's release of its monthly update on the oil market and the publication of minutes from the U.S. Federal Reserve's last policy meeting.

Brent crude, which is used to set prices for oil used by many U.S. refineries, was down 3 cents at $107.04 on the ICE Exchange in London.

In other energy futures trading on the New York Mercantile Exchange:

— Wholesale gasoline added 2.1 cents to $2.947 a gallon.

— Natural gas fell 2.3 cents to $3.634 per 1,000 cubic feet.

— Heating oil was steady at $2.986 per gallon.

 

 

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