Rodriguez says the company chose the market for a number ofreasons including: a strong impediment to market entry; strongdevelopment restrictions limit competition; strong occupancy ratesfor competing class buildings; cash-on-cash return met thecompany's investment criteria; and strong job growth potential.

The Creek Side facility is only a few years old. Its tenantsinclude international technology companies Artemis InternationalSolutions Corp., Mentor Graphics and Agere Systems. Rodriguez saysthe fund is intended to provide a current yield of 8% to investorsand have the potential to double investor money.

According to Rodriguez, Brass is looking for other investmentsin Colorado. "We are looking for income-producing assets withvalue-add potential," he tells GlobeSt.com. "Specifically, we arepinpointing under-performing assets in submarkets and asset classesthat have not fully recovered from the downtrend of 2000 and2001."