Join The Discussion

 

Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

read more >

Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

read more >

Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

read more >

Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

read more >

Glen Garden sale closes, distillery on tap

Firestone & Robertson Distilling Co. closed late Wednesday on its purchase of the historic Glen Garden Country Club in southeast Fort Worth, with plans to convert it into a whiskey distillery and bucolic visitor attraction.

read more >

Ex-Cowboy councilman Murrin buys Fort Worth Stockyards site

By Scott Nishimura
snishimura@bizpress.net

Businessman Steve Murrin closed this week on the purchase of 9.3 acres in the Fort Worth Stockyards from the Chesapeake Land Development Co. entity of Chesapeake Energy.

The 600 N.E. 23rd St. property, on the east side of Murrin’s River Ranch Stockyards event venue, crosses Marine Creek on its south end. Murrin’s Steve Murrin, Jr. Grandchildren’s Trust purchased the site.

Murrin, a former Fort Worth City Councilman who confirmed earlier this summer to The Business Press that he had the site under contract, said Wednesday he had no immediate plans for it, other than parking for River Ranch and “maybe put some Longhorns, some horses on it.”

“Like any Texan, all we want is the land next door,” Murrin, who spoke by phone from a mountain 9,000 feet up in Colorado, said.

Chesapeake has been selling property. A Chesapeake entity reportedly is selling its office tower in downtown Fort Worth to Hines, a Houston real estate firm. Chesapeake Land Development has another Stockyards site at 400 E. Exchange Street on top of the hill under contract to be sold.

Terms of the sale of the Northeast 23rd site, which closed Aug. 4, weren’t disclosed. Chesapeake had marketed the property for $2.50 per foot, or about $1 million.

Besides its adjacency to River Ranch, Murrin said the site is attractive because of it crosses Marine Creek and potentially engages with the Trinity River Vision plan.

That “is significant in the long run, if we get the Trinity River Vision complete,” Murrin said.

HGC Commercial represents Chesapeake on both Stockyards sites, with Eric Walsh representing HGC. The buyer’s broker on the Northeast 23rd site is undisclosed.

< back

Email   email
hide
TCU/Baylor
Did the College Football Playoff Committee get it right?