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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 falls below $94 as China growth slows

The Associated Press

Oil prices fell Monday after China's economic growth declined in the last quarter of 2013.

Benchmark U.S. crude for February delivery was down 69 cents at $93.68 a barrel at 0530 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 41 cents to settle at $94.37 on Friday. Brent crude for March delivery was down 14 cents at $106.33 in London.

U.S. oil began the year near $98 a barrel but retreated swiftly on indications of ample global supplies.

It regained some ground last week but retreated Monday after China announced economic growth slowed to 7.7 percent in the three months ending in December. Weaker factory output and other indicators suggested that the world's second-largest economic is slowing further.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 2.2 cents at $2.633 a gallon.

— Natural gas fell 11.3 cents to $4.263 per 1,000 cubic feet.

— Heating oil rose 1.4 cent to $2.949 a gallon.

 

 

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