Hunt Realty is the 25-year-old centralized real estate investment management resource for the entities of the billionaire Hunt family directed by Ray L. Hunt.

The partners haven't set a dollar cap on their goals, and Oakmont's existing portfolio of properties in Georgia and Texas is not part of the partnership. Hunt, headed by president Gene Sanger, will be the capital provider. Oakmont, led by president Richard Rider and executive vice president Stephen Nelson, will handle most of the development and acquisition assignments which are expected to be in high-quality business parks.

Despite average mid-teen industrial vacancies in most national markets, Rider tells GlobeSt.com the group isn't dismayed. "Each of our target markets has a different set of factors impacting supply/demand fundamentals," Rider says.