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T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

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Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

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Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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GE Capital forms development group

A. Lee Graham
Reporter
lgraham@bizpress.net

GE Capital’s Equipment Finance segment in Irving is forming a business development group, led by 28-year company veteran Jim Kelly.
The new unit will focus on creating new vendor and dealer financing programs, allowing manufacturers to capitalize on the programs’ benefits for their equipment distribution channels.
“The equipment markets in the U.S. are beginning to grow again, which presents opportunities for us,” said Diane Cooper, CEO of Equipment Finance and a GE company officer, commenting in a news release.
“As manufacturers refocus on their core capabilities and plan to expand their businesses, they may be looking to partner with a finance company that has extensive experience creating full-scale financing programs to reach and support their commercial customers,” Cooper said.
Kelly’s team includes industry veterans with domain expertise in manufacturing, information technology, office imaging, truck transportation and health care industries.
Kelly has been managing director of GE Capital’s Vendor Finance business since 2009. He started his career in 1985 through GE's financial management program.
With more than $36 billion in lease and loan transactions since 2007, GE Capital’s Equipment Finance business manages more than 40 manufacturer financing programs spanning more than 10 industries, including transportation, construction and manufacturing. It provides wholesale and retail financing for equipment manufactures. More information is available at www.gecapital.com.

 

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