An Ares Real Estate fund has acquired Fairbanks Northwest Distribution Center, a newly constructed, class A industrial property totaling 357,570 square feet in the Northwest Houston submarket.
JLL Capital Markets represented the seller, Triten Real Estate Partners, in the transaction. Marq Logistics, which represents Ares’ vertically integrated global logistics real estate platform will manage the property.
The two-building campus at 7810 Fairbanks N Houston Road sits on 23.4 acres and features efficient cross-dock configurations designed to serve the dense residential population of Northwest Houston. Delivered in 2023, the property comprises Building 1, spanning 194,780 square feet, and Building 2, encompassing 162,790 square feet. The campus is currently approximately 80 percent leased to tenants in the automotive parts distribution and recreational facilities sectors.
The property’s location offers direct access to Beltway 8 and Highway 290, positioning t
