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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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BP claims administrator names interim CEO

NEW ORLEANS (AP) — A former FBI supervisor has been named interim CEO of the multibillion-dollar settlement program for compensating victims of BP's 2010 oil spill in the Gulf of Mexico.

Court-appointed claims administrator Patrick Juneau announced Monday that David Welker will replace David Odom, who resigned last week.

Welker was the special agent in charge of the FBI's New Orleans office before becoming Juneau's security head in June 2012.

Odom and the program's chief operating officer, Kirk Fisher, resigned last week amid conflict-of-interest allegations. Former FBI director Louis Freeh, who is leading an independent probe of the settlement program's operations, said in a September report that Odom and Fisher formed a company to work on unrelated litigation under the supervision of a firm that is a contractor for the BP settlement program.

In a statement Sunday, Juneau said Odom and Fisher were leaving to pursue "other business opportunities." Juneau refused to comment on BP's allegation that the resignations follow reports that the men entertained subordinates at a strip club that was paid $550,000 for its settlement claim. BP made that allegation in an advertisement that ran Monday in three major newspapers.

Juneau said Welker "brings a wealth of program experience" to his new job.

"His integrity, work ethic and credentials are simply beyond reproach," Juneau said in a statement.

The search for a permanent CEO will start immediately, the statement said.

 

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