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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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Athlon Energy sets stage for $300M IPO
 
 
A. Lee Graham
Reporter
 
Athlon Energy of Fort Worth plans to go public and raise $300 million by offering 15.8 million shares at a price range of $18 to $20.
At the midpoint of the proposed range, the commpany would command a market value of $1.6 billion.
Acting as joint bookrunners in the deal were Citi, Goldman Sachs, BofA Merrill Lynch and UBS Investment Bank.
Athlon Energy, launched by former Encore Acquisition executives with financing from Apollo Global Management, focuses on unconventional oil and liquids-rich natural gas reserves in the Permian Basin. It booked $179 million in sales in the last 12 months. It plans to list on the New York Stock Exchange under the symbol ATHL.
 
lgraham@bizpress.net

 

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