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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 steady after stronger US economic growth

KUALA LUMPUR, Malaysia (AP) — The price of oil was steady Friday after being buoyed by stronger economic growth in the world's largest economy.

Benchmark U.S. crude for January delivery was up 2 cents at $97.40 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. On Thursday, oil rose to near $98 for the first time in five weeks before closing at $97.38, up 18 cents.

U.S. data showed the outlook for hiring is improving and the economy is growing at its fastest pace in more than a year.

The Commerce Department said the U.S. economy grew at a 3.6 percent annual rate in July through September, the fastest since early 2012. The numbers signaled some momentum in the economy, although some economists cautioned that nearly half the growth came from a buildup in business stockpiles, a trend that could reverse in the current quarter.

Brent crude, a benchmark for international oils, gained 27 cents to $111.25 a barrel on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 0.7 cent to $2.719 a gallon.

— Heating oil added 0.3 cent to $3.053 a gallon.

— Natural gas eased 0.6 cent to $4.126 per 1,000 cubic feet.

 

 

 

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