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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 stays above $104 on crises in Ukraine, Libya


The Associated Press

Oil stayed above $104 per barrel Wednesday as traders watched to see how conflicts in Ukraine and Libya will affect supplies.

Benchmark crude for July delivery was up 11 cents to $104.22 per barrel at 0800 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 24 cents to close Tuesday at $104.11

Brent crude, a benchmark for international oils, added 29 cents to $110.31 on the ICE exchange in London.

Markets are uneasy about the conflict in Ukraine, a key conduit for Russian gas to reach Europe. Russia's acceptance of the result of Sunday's presidential election was seen as a sign of easing tensions but more fighting between government forces and pro-Russian separatists in the east made clear the situation still is uncertain.

In Libya, which has been unable to stabilize since the ouster of Moammar Gadhafi in 2011, the National Oil Corp. said crude exports stood at 160,000 barrels a day, down from 1.4 million barrels a day a year ago. Several key export facilities are controlled by militias who do not recognize the central government.

In other energy futures trading in New York.

— Wholesale gasoline shed 0.6 cent to $2.986 per gallon.

— Natural gas fell 2 cents to $4.485 per 1,000 cubic feet.

— Heating oil added 0.8 cent to $2.945 a gallon.

 

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