Join The Discussion

 

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

read more >

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.

read more >

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.

read more >

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.

read more >

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.

read more >

Devon, Crosstex merging, create new midstream co.

 

DALLAS (AP) — Devon Energy Corp. has reached an agreement with Crosstex Energy Inc. and Crosstex Energy LP to combine assets and form a new midstream business.

The planned merger announced Monday involves pipelines, processing and logistics operations.

Devon is an independent oil and gas exploration and production company based in Oklahoma City. Dallas-based Crosstex offers energy services and infrastructure.

No name was immediately released for the new company, which will have about 7,300 miles of pipelines, 13 processing plants, plus terminals and storage. Devon will own 70 percent of the new company, to be based in Dallas. The Crosstex name will be dropped.

Crosstex CEO Barry Davis, who'll be chief executive officer of the new company, said Tuesday that no layoffs are planned.

The deal is expected to close in early 2014.
 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?