The Oakmont Industrial Group was formed in May 1996 to provide Minerva’s investors with a vehicle to invest in the U.S. industrial market. At its peak, the group owned a total of 21 Class A industrial and distribution buildings in the southeast area of the US with a total of 2,500,000 square feet.
Assets included buildings in The World Houston Park in Houston, Texas, the International Airport Center in Dallas, Texas and Liberty Industrial Park in McDonough, Georgia. The bulk of these assets were sold to a major pension fund investor in 2004.