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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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SourceHOV consolidates North Texas Coppell operations, retains Fort Worth office

 

SourceHOV, a worldwide provider of transaction processing solutions, consulting and data analytics services, has leased a new 70,000-square-foot global headquarters space in Coppell.
The move comes as the company consolidates its North Texas business units and relocates its headquarters from Dallas to Coppell’s Business Park at 615 Freeport Parkway. Also operating sizable facilities in the area are Amazon.com and The Container Store.


SourceHOV plans to keep its offices in Fort Worth. It has more than 80 locations throughout the United States, as well as a presence in Canada, China, India, Mexico and the Philippines.
SourceHOV began seeking new space almost two years ago when the Texas Department of Transportation announced an expansion of State Highway 183, which would take away the firm’s Irving production facility by eminent domain, said Dolores Wood-Euart, CBRE Group Inc. vice president, commenting in a news release.


Wood-Euart represented the firm in lease negotiations.
SourceHOV plans to vacate 8,700 square feet in Southlake and 70,000 square feet in Irving this month. The 34,105-square-foot global headquarters in Dallas will follow in early 2014.
“The relocation allows SourceHOV to right-size its operations based on functional requirements and current needs for office, production and warehouse space,” said Wood-Euart in a news release.
CBRE is helping the firm find an additional 200,000-square-foot warehouse facility to further support client requirements. Offices being vacated for the consolidation are currently available for sublease, with CBRE hired to market the properties.
Randy Wood, with Duke Realty, represented the landlord, Texas Dugan Limited Partnership. - A.Lee Graham
 

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