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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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New American to use Sabre for reservations

 

Another piece in the puzzle of what the new American Airlines will look like in the future has fallen into place. American Airlines Group Inc., which now trades on the Nasdaq under, AAL, announced Monday it has reached an agreement with Sabre for the newly combined airline’s single reservation system.
“The migration to one reservation platform in partnership with Sabre is a critical milestone in the merger integration process, and lays the groundwork for customers and employees alike to have a seamless experience throughout the travel journey,” said Maya Leibman, chief information officer – American Airlines.
 

Southlake-based Sabre Airline Solutions president Hugh Jones said he is pleased to broaden Sabre’s technology relationship with American Airlines. “American Airlines has laid out an exciting vision for transforming the airline passenger experience and we’ll be working closely with them over the coming months to bring this to life using our data-rich, flexible technology solutions,” said Jones.
While that piece of the puzzle has fallen into place, it will still be about two years before the two airlines – American and US Air – will see their reservation systems combined under Sabre.
 

Because Sabre is the platform currently being used at American Airlines, it should cause minimal disruption for customers that typically fly that airline.
In other Sabre news, the company last week filed its plans to go public with the Securities and Exchange Commission. According to the filing, Sabre could raise up to $100 million in the IPO.
Sabre was taken private by Silver Lake Partners and Fort Worth-based TPG in 2007 with an investment of about $5 billion.
 

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