Formation, Ares Launch 673,000 SQFT The Grand at Formation Park on 50 Off-Market Acres at Grand Parkway and I-45

Dallas-based Formation Interests and Ares Management have bought 50 acres off-market at the southwest corner of the Grand Parkway and Interstate 45 in north Houston and are moving straight into construction on The Grand at Formation Park, a six-building speculative industrial campus of roughly 673,000 square feet in a corridor where large, highway-visible sites have become scarce.