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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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Hallmark Financial names new CEO

Hallmark Financial Services Inc., a publicly traded insurance holding company headquartered in Fort Worth, has appointed Naveen Anand as chief executive officer, the company said Aug. 14.
Anand takes over from Mark J. Morrison, who will remain with the company as senior executive vice president. Morrison joined Hallmark in 2004 and served as CEO since 2006.
Anand has more than 25 years of experience in the property/casualty insurance industry. He joins Hallmark from Torus Insurance Holdings Ltd., where he served since 2009 as U.S. chief executive and global chief operating officer. Prior to joining Torus, Anand worked for CNA Financial Corp., Chubb Corp. and St. Paul Insurance Co.
Mark E. Schwarz, executive chairman of Hallmark, said, “We are fortunate to have someone with Naveen’s skills, experience and record of accomplishment assuming the chief executive officer role at Hallmark. I am confident his leadership abilities will be a valuable addition to the Hallmark team and believe he will do a terrific job in furthering Hallmark’s continuing development into a larger and more valuable company.”
Hallmark Financial Services, through its subsidiaries, engages in the sale of property/casualty insurance products to businesses and individuals. Hallmark’s common stock is listed on NASDAQ under the symbol “HALL.”

Betty Dillard
bdillard@bizpress.net
 

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