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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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AZZ fires energy segement leader, company president steps in
A. Lee Graham

Reporter

AZZ Inc. of Fort Worth has fired Ashok Kolady as senior vice president and chief operating officer of its energy segment effective immediately.

Assuming day-to-day operations of the segment through the rest of the current fiscal year will be Tom Ferguson, the company’s president and CEO. The company specified no reason for Kolady's termination.

AZZ’s management team and board of directors will evaluate appointing another individual to serve as senior vice president of the segment.

"I thank Ashok for the past seven years of service to the company, and I believe he has contributed significantly to what AZZ has become, and wish him well in his future endeavors," Ferguson said in a news release.

"My desire is to grow the energy segment and its platforms more aggressively," Ferguson said.

Ferguson said he plans to focus on accelerating international expansion programs and increasing the company’s emphasis on innovation and development. 

AZZ Inc. provides specialty electrical equipment and engineered services to the power generation, transmission, distribution, and industrial markets, as well as providing hot dip galvanizing services to the North American steel fabrication market.

lgraham@bizpress.net

 

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