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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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Sabre names former Continental CEO as chairman

 

SOUTHLAKE, Texas (AP) — Sabre Holdings, owner of online travel agency Travelocity, said Wednesday that former Continental Airlines CEO Larry Kellner will become its chairman.

Privately-held Sabre separated the roles of CEO and chairman when Tom Klein became CEO last month, replacing Sam Gilliland, who remained on the board of directors.

Kellner was chief financial officer, president, chief operating officer and finally chairman and CEO at Continental. He left the airline in 2009 to join a private equity firm. Continental was acquired by United Airlines the following year. He is on the boards of Boeing Co., Chubb Corp. and Marriott International Inc.

Sabre originated as the technology division of American Airlines and was spun off as a separate company in 2000. Private equity firms TPG and Silver Lake Partners took it private in 2007. It provides technology services to airlines and other travel companies.
 

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