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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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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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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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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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Oil prices down after Libyan deal

The Associated Press

Oil prices fell Monday after reports that a Libyan militia agreed to reopen some oil terminals, possibly boosting global supplies.

Benchmark U.S. crude for May delivery was down 53 cents to $100.61 a barrel at 0915 GMT in electronic trading on the New York Mercantile Exchange. The contract gained 85 cents to close at $101.14 on Friday. The price has vacillated around $100 per barrel for most of the past month.

Brent crude, used to set prices for international varieties of oil, sank 93 cents to $105.78 a barrel on the ICE exchange in London.

The official Libyan news agency said the country's main militia in the east agreed to hand back control of four oil terminals it captured and shut down last summer to demand a share in oil revenues. The shutdown has cost Libya millions of dollars.

Under the deal reached late Sunday, the militia would immediately hand over two terminals to the national government and return two others in a few weeks.

In other energy futures trading in New York:

— Wholesale gasoline fell 1.7 cents to $2.914 a gallon.

— Natural gas rose 6.1 cents to $4.50 per 1,000 cubic feet.

 

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