Triten Real Estate Completes Houston Distribution Center
Cushman & Wakefield is marketing the property for lease.
Triten Real Estate Partners has completed Fairbanks Northwest Distribution Center, a two-building industrial property totaling 357,570 square feet in Houston. Cushman & Wakefield has been tapped as exclusive leasing agent.
Encompassing two buildings of 194,780 and 162,790 square feet, respectively, Fairbanks Northwest Distribution Center was designed to accommodate both small and larger tenants. The campus features 32-foot clear heights, speculative office components, eight drive-in ramps, 180-foot truck courts, a 300-foot shared truck court and ample parking. Cushman & Wakefield Vice Chairman Jim Foreman and Managing Director Allison Bergman lead the leasing efforts at the property.
The Class A distribution center occupies 24 acres at 7810 Fairbanks N. Houston Road, close to U.S. State Highway 290 and within 7 miles of interstates 10 and 610. The location is 17 miles from George Bush Intercontinental Airport and 19 miles from downtown Houston.
Recent industrial projects in Houston’s pipeline
Houston had 18.8 million square feet of industrial space under construction as of July, a recent CommercialEdge report shows. The metro outperformed Philadelphia (17.4 million) and Charlotte (13.8 million), ranking fifth in the U.S. for pipeline size.
Recent projects in the area include Brennan Investment Group’s 157,300-square-foot industrial building underway at 500 N. Sam Houston Parkway W. Completion is scheduled for late 2024.
In April, a joint venture between Pontikes Development and McNair Interests broke ground on two buildings totaling 630,128 square feet at Port 10 Logistics Center in Baytown, Texas. The 264-acre multi-modal industrial park is some 23 miles from downtown Houston.
