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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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Cash America CEO to retire in April 2015

Daniel R. Feehan, president and chief executive officer of Fort Worth-based Cash America International Inc., said July 23 he will retire on April 30, 2015.
Feehan, 63, will remain on the company’s board of directors and will assume the role of chairman of the board following his retirement.
Jack Daugherty, the payday lender and pawnshop’s founder and current board chairman, will step down as chairman at that time but will continue to serve on the board.
The specific details of Feehan’s retirement, including the details of any retirement package, are expected to be finalized early next year.
“I am extremely proud to have been a part of the Cash America family for nearly 30 years. We have a wonderful team of dedicated coworkers who exemplify our core values and work hard to provide valuable services to our customers and value for our shareholders. Cash America has a very bright future and I believe the timing for a change in leadership is right for both me and the company,” Feehan said in a news release.
The board has appointed a special committee to search for a new CEO.
Cash America International Inc. trades on the New York Stock Exchange under the symbol CSH.
As of June 30, 2014, Cash America International operated 1,004 locations, including 869 lending locations in 22 states in the United States; 47 pawn lending locations in central and southern Mexico; and 88 check cashing centers operating in 14 states in the U.S.
Additionally, the company offered consumer loans via the Internet to customers in 33 states in the U.S., in the United Kingdom, Australia and Canada.
Betty Dillard
bdillard@bizpress.net
 

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