Triten Real Estate Partners sold Fairbanks Northwest Distribution Center, a two-building, Class-A distribution center in Houston’s northwest submarket.
An Ares Real Estate fund (“Ares”) acquired the approximately 358,000-square-foot, Triten-developed asset which is 80% leased. Marq Logistics, which represents Ares’ vertically integrated global logistics real estate platform and is a leader in the development and operation of modern logistics facilities, will manage the property.
Located at 7810 Fairbanks North Houston Road, the site offers convenient access to Highway 290 and proximity to Houston Beltway 8, providing tenants with seamless regional and international distribution connectivity. Triten designed and developed the property with a focus on operational efficiency, flexible warehouse configurations, and scalable space to meet growing tenant demand, while also maximizing the site’s density without compromising functionality. A key differentiator of the project is that each tenant is provided with dedicated trailer parking, a feature that is increasingly rare in the market.
Houston’s northwest industrial submarket continues to see rising demand from e-commerce, distribution, and light manufacturing tenants. Triten’s proactive site selection and building specifications allowed the property to achieve strong lease-up velocity and appeal to a leading global operator like Marq Logistics. Triten was represented in the transaction by JLL’s Trent Agnew, Charlie Strauss, Lance Young, and Brooke Petzold.
