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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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U.S. rig count up 2, reaching 1,759

West Texas oil field. Photo by CNN

 

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. said the number of rigs actively exploring for oil and natural gas in the U.S. increased by two, reaching 1,759.

The Houston-based company said Friday in its weekly report that 1,391 rigs were exploring for oil and 362 for gas. Six were listed as miscellaneous. A year ago, there were 1,953 active rigs.

Of the major oil- and gas-producing states, New Mexico gained three, Ohio and Wyoming two each, and Alaska, Kansas, Louisiana and Texas one apiece.

Oklahoma declined by five, North Dakota lost three and West Virginia was down one.

Arkansas, California, Colorado, Pennsylvania and Utah were unchanged.

The U.S. rig count peaked at 4,530 in 1981 and bottomed at 488 in 1999.

 

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