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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Podcasting superstar from 'Serial' coming to Fort Worth

If you hear yourself hearing a certain haunting theme in early August as you pass the Omni Fort Worth Hotel, don’t be alarmed.

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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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