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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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Apartment property in Grapevine sold

 

CBRE’s Dallas Multi-Housing Group has sold Cross Creek at Grapevine Ranch, a 356,594-square-foot multifamily property in Grapevine.


Dirk Goris and Ryan Reid, executive vice presidents with CBRE and Jeremy Faltys with CBRE Dallas, represented the seller, an affiliate of Irvine, Calif.-based Granite Investment Group. Dallas-based CAF Capital Partners purchased the property for an undisclosed sum.
The 392-unit property is 95 percent leased. It offers seven one- and two-bedroom floor plans, ranging in size from 750 to 1,163 square feet. Property amenities include a private theater, fitness center with indoor basketball court, two-story parking garage with boat parking, and a dog park.


“The property offered a strong value-add opportunity in a high barrier to entry submarket,” said Goris.
Cross Creek is adjacent to Grapevine Mills Mall. - Robert Francis
 

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