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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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FTS International closes transaction with Fairmount Minerals

A. Lee Graham

Reporter

FTS International Inc. of Fort Worth has closed the sale of substantially all assets of its proppant business and related logistics assets to Fairmount Minerals of Chesterfield, Ohio.

The Fort Worth company has a long-term proppant supply agreement with Fairmount to provide proppant for FTS’ well completion customers.

FTSI said it plans to use net proceeds from the sale for debt reduction. Terms of the transaction were not disclosed.

“The sale of these assets further enables [FTS] to refine the company’s focus on its core well completion business,” said FTS CEO Greg Lanham in a news release.

“We look forward to a long-term partnership with Fairmount efficiently supplying quality proppant for our customers,” Lanham said.

FTS International provides well-completion services for the oil and gas industry. More information is available at www.ftsi.com.

lgraham@bizpress.net

 

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