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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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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

By Scott Nishimura
snishimura@bizpress.net

Texas added 19,100 nonfarm jobs in June, and the state was up 371,000 jobs since the same month the prior year, the Texas Workforce Commission said Friday.

The state’s unemployment rate was 5.1 percent in June, same as the prior month, and down from 6.4 percent a year earlier.

Fort Worth-Arlington unemployment was 5.3 percent in June, compared with 6.6 percent a year earlier.

“The positive news continues,” Andres Alcantar, the Workforce Commission chairman, said. “Every major industry expanded over the year, with mining and logging leading the way at a 7 percent annual growth rate.”

Seven of Texas’ 11 major industry segments posted employment increases compared to May, led by 7,700 jobs added in trade, transportation, and utilities, the commission said.

“From teachers and health care workers to truck drivers and accountants, Texas is hiring,” said Ronny Congleton, workforce commissioner representing labor.

Texas’ major industry segments and how they did in June compared to May and June 2013:

Mining and logging: 311,500; 311,000; 291,100
Construction: 632,700; 636,100; 613,600
Manufacturing: 884,200; 883,600; 871,700
Trade, transportation and utilities: 2,330,500; 2,322,800; 2,240,100
Information: 206,900; 208,000; 200,600
Financial activities: 702,800; 699,900; 682,700
Professional and business services: 1,523,200; 1,517,600; 1,456,000
Education and health services: 1,533,400; 1,526,000; 1,480,800
Leisure and hospitality: 1,186,000; 1,188,200; 1,138,700
Other services: 397,700; 402,800; 396,000
Government: 1,841,100; 1,834,900; 1,807,700

Fort Worth-Arlington had 948,100 nonfarm jobs in June, compared to 924,000 a year earlier. Major industry segments in June, compared to the same month the prior year:

Mining, logging and construction: 65,800 jobs, compared to 63,100.
Manufacturing: 94,200 jobs, compared to 92,600.
Trade, transportation and utilities: 217,300, compared to 209,800.
Information: 12,700, compared to 13,700.
Financial activities: 52,100, compared to 55,000.
Professional and business services: 112,400, compared to 104,000.
Education and health services: 118,800, compared to 117,700.
Leisure and hospitality: 109,200, compared to 105,100.
Other services: 37,300, compared to 36,300.
Government, which includes public schools: 128,300, compared to 126,700.

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