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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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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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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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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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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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Williams Trew sues Briggs Freeman

 

Williams Trew Sotheby’s International Realty of Fort Worth filed suit against Briggs Freeman Sotheby’s International Realty of Dallas and Robbie Briggs on Sept. 13 saying that Briggs has interfered with Williams Trew’s contract with Sotheby’s International Realty Affiliates LLC.


The lawsuit, filed in 348th Tarrant County State District Court, seeks actual and punitive damages and seeks a permanent injunction barring certain business activity.


“Competition in the marketplace is fine so long as it is conducted lawfully,” said Martha Williams, a founder of Williams Trew in a news release. “We were forced to file this lawsuit due to Briggs Freeman’s refusal to acknowledge Williams Trew’s contractual rights with Sotheby’s International Realty.”


Both firms are a franchisee of Sotheby’s International Realty. Sotheby’s signed a franchise agreement with Briggs Freeman in 2010 and with Williams Trew in 2012.
According to the lawsuit, there is an agreement that limits each firm’s market area with Briggs Freeman primarily limited to Dallas County and certain parts of eastern Tarrant County and Williams Trew to Tarrant County and west.
Officials with Williams Trew or Briggs Freeman could not be reached at press time. - Robert Francis rfrancis@bizpress.net
 

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