Join The Discussion

 

Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

read more >

Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

read more >

Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

read more >

Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

read more >

American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

read more >

 

Chesapeake Energy's Fort Worth building may be sold

Chesapeake Energy’s high-profile 20-story office tower on the west side of downtown Fort Worth appears to have found a buyer, according to local real estate industry rumors.


Local sources say the building is being purchased by Houston-based Hines, a privately owned real estate firm involved in real estate investment, development and property management worldwide. While there were no real estate transactions recorded on the building, several local real estate officials indicated Hines was the buyer. Officials at Oklahoma City-based Chesapeake said they had no comment on a possible sale and Hines spokesman Mark Clegg said the company would not comment on “anything that’s not closed and not our property.”
Rumors began to hit the streets last week when crews removed Chesapeake’s name from the building’s street entrance. Chesapeake’s flag continues to fly on the property.


The 460,000 square foot office building at 100 Energy Way sits on 14.7 acres near the banks of the Trinity River. Chesapeake purchased the building from its original owner, Pier 1 Imports for $104 million in 2008 as the headquarters for the energy firm’s ambitious Barnett Shale drilling and production plans.
Chesapeake put the building on the market in 2012 as the energy firm began focusing on more liquids-rich drilling properties in other parts of the country.
 

< back

Email   email
hide
Catch
How 'bout them Cowboys?