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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 slips as US growth lags expectations

 

NEW YORK (AP) — The price of oil slipped after two days of strong gains Friday as U.S. economic growth was slightly slower than expected.

By midday in New York, benchmark oil for June delivery was down $1.18, or 1.3 percent, to $92.46 a barrel. Oil gained $4.46, or 5 percent, over the two prior days.

U.S. economic growth accelerated to an annual rate of 2.5 percent from January through March from an anemic pace in the previous quarter. But the markets were expecting growth of 3 percent or better.

The U.S. figure follows last week's report of slower-than-expected growth in China, raising questions about demand in the world's biggest oil-consuming countries.

Brent crude, which is used to price oil from the North Sea used by many U.S. refiners, was down 80 cents to $102.61 a barrel on the ICE Futures exchange in London.

In other energy futures trading on the Nymex:

— Gasoline fell 1 cent to $2.80 per gallon.

— Heating oil declined 2 cents to $2.86 a gallon.

— Natural gas lost 5 cents to $4.11 per 1,000 cubic feet.


 

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