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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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Oil down as factory data, sanctions risk weighed
 


The Associated Press

Oil prices edged slightly lower on Tuesday as soft factory data from China and the U.S. balanced the threat of sanctions against Russia following its annexation of the Crimean Peninsula.

Benchmark oil for May delivery was down 6 cents to $99.54 at 0610 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 14 cents to close at $99.60 on Monday.

A dismal preliminary report on factory activity in China continued to weigh on sentiment. The HSBC-Markit purchasing managers' index fell to an eight-month low in March, further evidence of the prolonged slowdown that could lead to lower demand for energy in the world's No. 2 economy. A similar index for the U.S. fell from a four-year high.

Offsetting those concerns was the possibility of sanctions against oil and gas producer Russia. The U.S. and other Group of Seven countries vowed to launch coordinated sanctions on key parts of the economy, which could include the energy industry, if Russian President Vladimir Putin presses further into Ukraine.

Brent crude, used to set prices for international varieties of crude, slipped 15 cents to $106.66.

In other energy futures trading on Nymex:

— Wholesale gasoline was steady at $2.886 a gallon.

— Heating oil fell 0.2 cent to $2.912 a gallon

— Natural gas rose 0.4 cent to $4.28 per 1,000 cubic feet.

 

 

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