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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 recovers as market awaits US Fed decision
 

TOKYO (AP) — The price of oil recouped slips earlier in the week as the market waited Wednesday to see what the U.S. Federal Reserve would decide on monetary policy.

Benchmark U.S. crude for January delivery gained 22 centers to $97.44 a barrel on the New York Mercantile Exchange.

Depending on what the Fed does, the dollar could strengthen, making commodities priced in dollars more costly for overseas investors.

Natural gas stood at $4.30, while natural gas futures rose 1 cent, or 0.3 percent, to $4.30 per $1,000 cubic feet.

Markets are also monitoring fresh information on U.S. stockpiles of crude and refined products.

Data for the week ending Dec. 12 are expected to show a draw of 4 million barrels in crude oil stocks and a build of 1.4 million barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Brent crude, a benchmark for international oils, dipped 9 cents to $108.35 a barrel on the ICE Futures Exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was little changed to stand at $2.66 a gallon.

— Heating oil was also unchanged at $2.96.

 

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