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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 little changed ahead of US data, holiday 


The Associated Press

Oil prices were little changed Friday ahead of U.S. home sales data and the Memorial Day holiday weekend.

Benchmark U.S. crude for July delivery was up 3 cents to $103.71 a barrel at 0800 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 33 cents to close Thursday at $103.74.

Traders are waiting for a U.S. Commerce Department report on sales of new homes in April, expected later Friday, which may show a healthy American economy. That could help lift energy prices.

Oil reached a one-month high Wednesday of $104.07 a barrel after a U.S. Energy Information Administration report showed that U.S. crude supplies dropped a bigger-than-expected 7.2 million barrels in the week ended May 16.

Tensions are continuing in the Ukraine, where on Thursday the deadliest raid yet on Ukrainian troops by pro-Russia insurgents killed 16 soldiers. The possibility of greater Western sanctions against Russia for its role in the crisis has underpinned oil prices.

Brent crude, a benchmark for international oils, added 2 cents to $110.35 on the ICE exchange in London.

In other energy futures trading in New York.

— Wholesale gasoline was little changed at $2.989 a gallon.

— Natural gas rose 1.6 cents to $4.375 per 1,000 cubic feet.

— Heating oil inched up 0.2 cent to $2.952 a gallon.

 

 

 

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