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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 ease after sharp gains

KUALA LUMPUR, Malaysia (AP) — Oil prices eased Thursday but remained above $94 a barrel after sharp gains a day earlier on improved demand in the U.S.

Benchmark U.S. crude oil for February delivery was down 8 cents at $94.09 a barrel at midafternoon Kuala Lumpur time in electronic trading on the New York Mercantile Exchange. The contract surged $1.58 to settle at $94.17 in New York on Wednesday.

Brent crude, used to set prices for international varieties of crude, was down 44 cents at $105.83.

The U.S. Energy Department reported that oil supplies fell bigger than expected by 7.7 million barrels last week, the seventh straight decline. It was sharply above market expectations of a 1.6 million barrels decline.

The news pushed oil above $94 a barrel on Wednesday for the first time in two weeks. Oil prices have been weak this year amid concerns that ample crude supplies could put pressure on prices.

In other energy futures trading in New York:

— Wholesale gasoline was down 0.86 cent at $2.6334 a gallon.

— Natural gas rose 4.6 cents to $4.371 per 1,000 cubic feet.

— Heating oil shed 0.44 cent to $2.975 a gallon.

 

 

 

 

 

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