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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 falls to near $102 amid Gaza peace efforts

 

The Associated Press

The price of oil retreated to near $102 per barrel on Wednesday amid a new push for a cease-fire between Israel and Palestine and after Europe imposed additional sanctions on Russia that fell short of a heavy hit.

U.S. benchmark oil for September delivery was down 34 cents to $102.07 a barrel at 0850 GMT in electronic trading on the New York Mercantile Exchange. The contract slipped 47 cents to $102.39 on Tuesday.

Brent crude for September delivery, a benchmark for international oils, was up 9 cents to $107.43 on the ICE exchange in London.

The price of oil has been kept high after a civilian jetliner was last week shot out of the sky over part of eastern Ukraine controlled by pro-Russian separatists and as Israel's invasion of the Gaza Strip added to risks of instability in the Middle East.

On Wednesday, U.S. Secretary of State John Kerry arrived in Tel Aviv, seeking to renew a push for a cease-fire after an earlier proposal by Egypt was rejected.

More than 630 Palestinians and about 30 Israelis have been killed in the violence. A Hamas rocket exploded Tuesday near Israel's main airport, prompting a ban on flights from the U.S. and many from Europe and Canada as aviation authorities responded to the shock of seeing a civilian jetliner shot down over Ukraine.

The European Union slapped new sanctions on Russian individuals after a meeting on Tuesday. But the bloc didn't impose penalties that would disrupt energy supplies from Russia, waiting for a clearer picture of last week's downing of a Malaysian jetliner, which killed 298 people.

In other Nymex trading:

— Wholesale gasoline fell 0.9 cent to $2.844 a gallon.

— Heating oil gained 0.5 cent to $2.868 a gallon.

— Natural gas added 0.5 cent to $3.777 per 1,000 cubic feet.

 

 

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