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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 climbs as Ukraine fear outweighs China data


The Associated Press

The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China's manufacturing.

Benchmark U.S. crude for June delivery was up 34 cents to $100.10 a barrel at 0725 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 34 cents to settle at $99.76 on Friday.

Brent crude, a benchmark for international varieties of oil, gained 11 cents to $108.70 on the ICE exchange in London.

Violence flared in Ukraine on Sunday as a mob of protesters outraged by the deaths of pro-Russian activists stormed police headquarters in the Black Sea port city of Odessa, smashing doors, windows and security cameras before police freed dozens of their jailed allies.

Concerns are mounting that if the conflict spirals further it could force the U.S. and Europe to strengthen sanctions against Russia, which Ukraine accuses of fomenting unrest in its Russian-speaking eastern regions. Russia is a major supplier of natural gas and oil to Europe.

China's factory activity contracted again last month, according to HSBC's purchasing manager index, and the pace of the decline was more severe than a preliminary version of the report indicated. The PMI results underscore the continuing slowdown in the world's second biggest economy, which could mean lower energy demand.

In other energy futures trading on Nymex:

— Wholesale gasoline rose 0.4 cents to $2.95 a gallon.

— Heating oil added 0.4 cent to $2.926 a gallon

— Natural gas rose 0.3 cent to $4.677 per 1,000 cubic feet.

 

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