The price wasn't disclosed. "We sometimes release the price wepaid if we buy a building with a REIT, and we have to publiclydisclose it, but this is a value-added deal, so we aren'tdisclosing any financial details," a Hines spokeswoman tellsGlobeSt.com from its Houston office.

Mountain View is comprised of three, three-story buildings andone four-story building. They are at the entrance of Interlockenalong the US 36 corridor between Denver and Boulder. Legacydeveloped Mountain Center from 1999 to 2001, when the tech boom wasin full swing and fueling construction growth along the corridor,known as Denver area's version of Silicon Valley. The corridor'svacancy rate went from 2% to more than 50% in one year, anunprecedented drop for any submarket in the metro area.

The corridor, however, is now recovering nicely. "Mountain ViewCorporate Center presents a great opportunity to own a class Acampus in a location that will benefit from the continued economicgrowth of the Denver and Boulder metro areas," says Dave Congdon, aHines senior vice president and fund manager. "Including thisacquisition, the fund is nearly 80% invested."