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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Furniture Warehouse site sold for Arlington redevelopment

This building at 3500 S. Cooper St. will become a retail development. 

 

A. Lee Graham

Reporter

A former Furniture Warehouse has been acquired for a retail development along South Arlington’s Cooper Street.

A retailer has been confirmed to occupy part of the 35,417-square-foot building, with another business negotiating for the balance of the 3500 S. Cooper St. space, according to developer Vaquero Ventures of Fort Worth.

Selling the property was EKIM Partners of Fort Worth, with Bradford Commercial Real Estates Services of Dallas brokering the sale.

"During the feasibility phase, Vaquero asked me to market the balance of the space. I was surprised at the velocity of activity for the listing and the future redeveloped space," said Nick Talley of Bradford Commercial in a news release.

The 4.06-acre property, with fenced yard and storage buildings, drew at least a dozen tours and four offers, primarily sparking interest from the industrial sector. The property is located near Interstate 20 and Texas 360. The closing was held within 120 days of the property becoming available.

lgraham@bizpress.net

 

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?