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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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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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Texas bank tech company surges on NYSE

Associated Press


NEW YORK (AP) — Q2 Holdings' stock surged 31 percent Thursday morning, in the company's first day of trading on the New York Stock Exchange.

Q2 Holdings Inc., a provider of online banking software based in Austin, raised $101 million in its initial public offering, selling 7.8 million shares at $13 each, the top of an expected range of $11 to $13. At close of Thursday, the stock was at $15.17. 

Trading under the ticker QTWO, shares surged $4 to $17 in early trading.

J.P. Morgan Securities and Stifel, Nicolaus & Co. are the lead banks in the offering.

In a regulatory filing, the company says it received roughly $76 million from the IPO, while existing investors received $18 million after expenses. Q2 plans to use some of the money to pay down debt, finance its growth and for other purposes.
 

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