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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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Crude oil holds above $99 a barrel amid US hopes
 
PABLO GORONDI, Associated Press
 
The price of oil was holding above $99 a barrel Monday on optimism that stronger than anticipated U.S. economic growth would help boost demand.
 
By early afternoon in Europe, benchmark U.S. oil for February delivery was down 14 cents at $99.18 a barrel in electronic trading on the New York Mercantile Exchange. Trading was far thinner than usual because of the approaching holidays.
 
On Friday, the Nymex contract added 28 cents to close at $99.32 a barrel.
 
Last week, oil rose nearly 3 percent, largely because of signs of improvement in the U.S. economy. The last time oil closed above $100 a barrel was Oct. 18.
 
The government said Friday that the U.S. economy grew at a solid 4.1 percent annual rate from July through September. That was the fastest pace since late 2011 and significantly higher than previously believed.
 
Prices were also supported by violence in eastern Africa, where ethnic rivalries after an attempted coup in South Sudan have led to over 1,000 deaths and 100,000 internal refugees during the past week.
 
"South Sudan has been recently producing at about 230,000 barrels a day, with most of the crude oil exports heading to China," said Olivier Jakob of Petromatrix in Switzerland.
 
Brent crude, a benchmark used to price international crudes used by many U.S. refiners, was down 12 cents at $111.65.
In other energy futures trading:
 
— Wholesale gasoline was down 0.68 cent to $2.778 a gallon.
— Heating oil lost 0.75 cent to $3.0627 a gallon.
— Natural gas added 8.3 cents to $4.501 per thousand cubic feet.
 
 
 
 
 

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