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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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Oil hovers below $94 ahead of US supplies report

BANGKOK (AP) — Oil hovered below $94 a barrel Wednesday ahead of a report expected to show another increase in U.S. crude stockpiles.

Benchmark U.S. crude for December delivery was up 42 cents at $93.78 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract slid $1.25 to $93.37 on Tuesday, adding to a month-long slide.

Crude is down about 10 percent since closing at $104.10 on October 2.

U.S. crude stockpiles have increased in each of the past six weeks, mostly because of rising domestic production, and were more than 10 percent above their five-year average near the end of October.

Energy Information Administration figures for the week ending Nov. 1 due Wednesday are expected to show a further increase of 2.5 million barrels, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Brent crude, the international benchmark, was up 65 cents at $105.98 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline added 3.4 cents to $2.55 a gallon.

— Heating oil rose 2 cents to $2.884 a gallon.

— Natural gas gained 1.3 cents to per $3.479 per 1,000 cubic feet.

 

 

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