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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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Oil hangs above $94 ahead of US jobs report

BANGKOK (AP) — Oil was little changed near $94 a barrel Friday despite a pickup in China's trade as investors awaited a U.S. jobs report.

Benchmark crude for December delivery was up 20 cents at $94.40 a barrel at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 60 cents to $94.20 on Thursday after the dollar rose on an unexpected European Central Bank rate cut and OPEC forecast rising oil supplies in coming years.

A possible sign that demand for oil could increase came from China where October trade data showed growth in overall imports accelerating.

But the broader backdrop of ample supplies and muted demand, which has driven a monthlong slide in the oil price, continues to prevail.

A report on U.S. hiring for October due later Friday is expected to show employment growing a modest pace.

Brent crude, the international benchmark for oil, was down 35 cents at $103.11 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was little changed at $2.504 a gallon.

— Heating oil was steady at $2.839 a gallon.

— Natural gas was unchanged at $3.519 per 1,000 cubic feet.

 

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