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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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DiSH makes $25.5 billion bid for Sprint
NEW YORK (CNNMoney) -- Satellite TV provider Dish Network on Monday announced a $25.5 billion bid for Sprint Nextel.
The offer is an attempt to top another bid for Sprint: $20.1 billion for a 70 percent stake by Japanese tech company Softbank. That deal, made in October, was widely seen as giving Sprint a much needed cash infusion, one that staved off a possible bankruptcy filing.
Sprint said it had no comment on Dish's bid. Its shares shot up nearly 10 percent in premarket trading. Dish shares were also up 3.4 percent.
Dish said it intends to combine with Sprint to offer high-speed Internet service to millions of potential customers with inferior or no access to such service now.
The bid for Sprint would also give Dish another coveted target, wireless broadband provider Clearwire.
Dish had a brief bidding war earlier this year with Sprint for Clearwire, but Clearwire decided to accept Sprint's offer. Sprint already owned a 50 percent stake in Clearwire before the bidding war began.
In its statement, Dish said its bid for Sprint represents a 13 percent premium over the Softbank offer.
Analyst Amy Yong of MacQuarie Research said that there are many questions about Dish's plans for Sprint that make it difficult to judge who will be the winning bidder.
The wireless sector has been going through a number of deals in recent years, and Dish has reportedly been interested in finding a partner in the sector.
"Charlie's a poker player by trade," Yong said of Dish Chairman Charlie Ergen. "This might just be his way of getting all the other wireless companies talking with him."

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