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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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US cold, steady China help lift oil prices


The Associated Press

The price of oil stayed above $100 a barrel Tuesday on expectations cold weather in the U.S. and steady Chinese growth will underpin demand.

Benchmark U.S. crude for March delivery was up 35 cents to $100.65 a barrel at 0750 GMT in electronic trading on the New York Mercantile Exchange.

Due to the President's Day holiday, the contract's last physical settlement was Friday, when it fell 5 cents to close at $100.30.

Severe cold weather in the U.S. has been boosting energy prices. The U.S. East Coast is expected to get more snow, and the cold is extending to other states.

Optimism that China's economy is still healthy after credit growth increased in January also helped lift energy prices.

Talks begin Tuesday among Iran and six world powers on finalizing a deal to control Iran's nuclear program. The outcome could have an effect on oil prices as Iran is a major oil producer and reduction of sanctions would allow the country to export more of its crude.

Brent crude, a benchmark for international oils, edged down 13 cents to $109.05.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 0.8 cent to $2.98 a gallon.

— Heating oil added 0.5 cent to $3.021 a gallon.

— Natural gas gained 31 cents to $5.524 per 1,000 cubic feet.

 

 

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