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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 drifts above $94 ahead of supply report

BANGKOK (AP) — Oil rose slightly Tuesday ahead of a U.S. supply report that might show an improvement in demand.

Benchmark U.S. crude for January delivery was up 30 cents at $94.46 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

The contract fell 75 cents to $94.09 on Monday after a deal between Iran and six world powers on the country's nuclear program raised the possibility that sanctions choking Iranian oil exports will eventually be lifted.

Oil traders are now looking to Energy Information Administration figures on U.S. crude and gasoline stockpiles for the week ended Nov. 22 due Wednesday.

Crude oil supplies rose by 400,000 barrels for the week ended Nov. 15, the 9th straight weekly increase. But gasoline supplies fell by 300,000 barrels, and the agency said the average demand for gasoline over the prior four weeks was about 4 percent higher than for the same period last year

Brent crude, a benchmark for international oils, was down 46 cents at $110.54 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline fell 0.3 cent to $2.67 gallon.

— Heating oil dropped 1.3 cents to $3.018 a gallon.

— Natural gas rose 3.1 cents to $3.82 per 1,000 cubic feet.

 

 

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