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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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Auto dealer takes award as it plans novel repair concept

Scott Nishimura
snishimura@bizpress.net

Frank Kent Cadillac is wandering around in some tall cotton.
The Fort Worth dealership has been awarded Cadillac Dealer of the Year by General Motors, an award the brand gives to just 20 of 900 dealers annually.
GM makes the awards based on last year’s sales growth, customer satisfaction reports, and facility procedures and processes. Will Churchill, who owns the Kent auto group with his sister Corrie Churchill, said the award was a nice recognition of several changes the dealership has made and its plans for the future.
“It’s an extremely small pool,” Will Churchill said. “We’re really starting to see the fruits of our labor.”


The dealership’s sales grew 30 percent last year, compared with 8 to 9 percent for the brand, Churchill said. That was on top of similar growth in 2012, he said.
Churchill attributed the sales growth to the dealership’s move to new quarters on West Loop 820 South and to several years of training for sales representatives.
He said the Kent auto group, which also includes Honda and Hyundai, is on track to open a wine shop and auto repair drop-off center on West Magnolia Avenue on June 1.
The shop, at 1101 W. Magnolia Ave., arose from brainstorming about how to better reach millennials. It will sell wines and hors d’oeuvres. Customers can drop their cars off for repairs – no drop-off charge likely if you bought your car from Kent. A selection of cars will be on display, but there will be no sales staff on hand to pitch them, Churchill said.
That’s a way to ensure that customers feel completely comfortable, he said.
One challenge: Trying to figure out whether customers who drop their cars off in early evening will be able to get them back the same night.
“That’s something we’ve got to work through,” he said.
 

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