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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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American Airlines Group reports bump in revenue passenger miles
A. Lee Graham

Reporter

Total revenue passenger miles are up at American Airlines Group, according to newly released July 2014 and year-to-date traffic results.

The Fort Worth firm reported total revenue passenger miles for July reached 20.8 billion, up 1.1 percent compared to 20.5 percent in he same month last year, according to a news release.

Revenue passenger miles reflect the number of miles traveled by paying passengers.

Total capacity reached 24.4 billion available seat miles, 3.1 percent higher compared to 23.6 billion the same month last year. Total passenger load factor was 85.1 percent for the month of July 2014, 1.7 points lower compared to 86.8 percent the same month last year.

The passenger load factor measures how much of an airline’s passenger space is used.

Based on one month of data and two months of forecast, the company said it expects its third quarter 2014 consolidated passenger revenue per available seat mile to reach about 1.0 percent to 3 percent compared to the same period last year.

American Airlines Group is the holding company for American Airlines and US Airways. With wholly owned and third-party regional carriers operating as American Eagle and US Airways Express, the airlines operate an a daily average of almost 6,700 flights to 339 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C.

lgraham@bizpress.net

 

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