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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 price edges up on supply drop expectations


The Associated Press

The price of oil ticked higher to near $103 a barrel on Wednesday as traders anticipated a decline in U.S. supplies of crude.

Benchmark U.S. oil for July delivery was up 17 cents to $102.83 a barrel at 0725 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 19 cents to close Tuesday at $102.66.

Brent crude, a benchmark for international oils, gained 7 cents to $108.89 a barrel on the ICE exchange in London.

A report due later Wednesday on U.S. supplies for the week ended May 30 is expected to show a decline of 2 million barrels in crude oil stocks and an increase of 2 million barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

In other energy futures trading on Nymex:

— Wholesale gasoline was steady at $2.949 a gallon.

— Natural gas rose 0.1 cent to $4.63 per 1,000 cubic feet.

— Heating oil rose 0.2 cent to $2.868 a gallon.

 

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