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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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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 steady at $102 after China, US data

 

The Associated Press

The price of oil was steady near $102 a barrel Tuesday after an improvement in Chinese manufacturing was offset by reduced consumer spending in the U.S.

Benchmark U.S. oil for July delivery was down 7 cents to $102.40 a barrel at 0900 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 24 cents to $102.47 on Monday.

Brent crude, a benchmark for international oils, was down 31 cents to $108.52 a barrel in London.

Energy demand from China was likely to stay solid as a second survey confirmed that China's manufacturing improved last month. But there were still worrying signs for the U.S. economy as a government report showed last week that Americans unexpectedly spent less in April, a possible drag on growth.

The HSBC index, based on a survey of Chinese factory purchasing managers, climbed to 49.4 last month from 48.1 in April. On Friday, the U.S. Commerce Department said consumers cut back on spending in April for the first time in a year.

In other energy futures trading on Nymex:

— Wholesale gasoline dipped 0.7 cent to $2.943 a gallon.

— Natural gas slipped 1.5 cents to $4.597 per 1,000 cubic feet.

— Heating oil fell 0.7 cent to $2.87 a gallon.

 

 

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