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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 prices start year with rise on demand hopes


The Associated Press

TOKYO (AP) — Oil prices started the new year Thursday with a gain amid hopes for stronger demand following a 7 percent surge in 2013.

Benchmark oil added 28 cents to $98.70 on the New York Mercantile Exchange.

Hopes for the solid demand in coming months are pegged to the signs of a recovery in the U.S., which is expected to help revive other major global economies.

Brent crude, a benchmark used to price international crudes used by many U.S. refiners, added 28 cents to $111.08.

In other energy futures trading:

— Natural gas futures were little changed at $4.24 per thousand cubic feet.

— Heating oil was also little changed at $3.07 a gallon.

— Wholesale gasoline was unchanged at $2.79 a gallon.

 

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