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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. auto makers report strong March sales

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NEW YORK (CNNMoney) -- Major automakers recorded another strong month of car and truck sales in March, kicking off the important spring selling season on a good note.
General Motors, Ford Motor and Chrysler Group all posted U.S. sales gains of 5 percent or better, while Toyota Motor sales edged up 1 percent from a year ago. Chrysler Group posted its best sales since December 2007.
Industrywide sales are poised to come in above the 15 million annual sales rate for the fifth straight month, after going nearly five years without reaching that benchmark. Other automakers such as Honda Motor are due to report results later Tuesday.
"American consumers appear to be quite confident in the economy, with snow storms and sequesters not deterring them a bit," said Michelle Krebs, senior analyst with Edmunds.com. "The story is the same as it has been: pent-up demand from old vehicles on the road is unleashing, credit is readily available at cheap rates, and new products are resonating with consumers."
All four automakers were roughly in line with sales forecasts for the month. GM and Ford both reported much stronger sales for pickups, SUVs and crossover models than they did for cars, while Chrysler's Ram truck unit also posted a large jump. That could be a sign that lower March gas prices helped bring truck buyers into showrooms.
GM said the rebound in the housing market also helped its truck sales. Sales to small businesses, including building contractors, jumped by nearly 15,000 vehicles at GM, a 32 percent jump compared to a year ago. The jump in home prices and home sales is leading contractors to start building more new homes than at any time in the last five years.
"We've seen pent-up demand driving car sales for a while now, but we hadn't really seen it in the truck sales," said Jesse Toprak, analyst with sales tracker TrueCar. "Now with the signs of life in construction, we're starting to see that pent-up demand for pickups showing up."
Toprak said another factor lifting car and truck sales is the strong performance of stocks. Record highs for major stock indexes are good news for auto sales, he said. It's not that people are selling stocks to buy vehicles, but when they see better performance in their investments, they are more willing to spend on big ticket items.
"It's a psychological green light that tells them it's OK to pull a trigger on a car purchase," he said.

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