About three months after breaking ground on a new distribution center near George Bush Intercontinental Airport (IAH), Houston-based Triten Real Estate Partners is getting ready to build another one about 2 miles away,

The company said it plans to develop a two-building, 392,650-square-foot distribution center on 25 acres it acquired near the intersection of FM 1960 and Kenswick Drive.

Construction on the FM 1960 distribution center is scheduled to begin this quarter and expected to be completed by the fall. Both buildings will be front-load warehouses.

Triten did not provide additional information on the project by deadline.

In a press release, the company lauded the property’s proximity to the airport, Beltway 8 and Interstate 45.

"North Houston continues to stand as a dynamic industrial hub, with strong absorption and a continued demand for distribution space," Triten Senior Associate Keith Gabrielson said in a statement. "This development represents a strategic opportunity to not only deliver a high-quality project that meets market needs but also reinforce Triten’s commitment to fostering growth in the region."

Triten broke ground on a 171,000-square-foot distribution center on the southwest corner of McKay Drive and McKay Center Drive in late September and expects to complete it this summer.

"With strong tenant demand for spaces ranging from 50,000 to 400,000 square feet, we see this [new] development — alongside our McKay Road project — as a critical step to address the needs of logistics and distribution users in this dynamic submarket," Triten Partner Will Hedges said in a statement.

The company said it is focusing on the North Houston submarket because of its strong market fundamentals. Last year, the industrial sector in North Houston — which stretches from the Near Northside to Lake Conroe between Interstate 69 and state Highway 249 — saw 4.3 million square feet of net absorption, the most of any Houston-area submarket, according to CBRE. It finished the year with 5.6% industrial vacancy, on par with the region overall and down from 7.5% in 2023.

Industrial deliveries were down in the submarket last year, falling to just over 1 million square feet from 5.8 million square feet in 2023, according to CBRE.

Triten has more than 1 million square feet of industrial projects under development in Greater Houston.

Last summer, the company sold the 343,760-square-foot Pederson Logistics Center after leasing it to Taiwan-based Johnson Health Tech in November 2023.

Meanwhile, Triten’s mixed-use and multifamily division, in partnership with Houston-based Radom Capital, developed M-K-T, the adaptive reuse of five industrial buildings on 12 acres in the Heights, now home to office, retail, food, fitness and service tenants.

The joint venture also plans to turn the former Swift and Co. refinery complex next to M-K-T into a 60,000-square-foot mix of retail and creative office space and up to six restaurants.