Contact: Erik Darmstetter 210-403-3916 – April 2, 2008

San Antonio, TX — San Antonio based Brass Funds has purchased 25 acres for a planned 400,000 to 500,000 square foot development with I-10 frontage across from The Dominion Country Club. In the center of the property was one acre of residential area that had limited its previous owners, Laredo Westover Hills on development. Since its recent purchase, the site has been re-zoned from multifamily (R2) to C2, which would allow for Office Development.

The development will allow for 7-8 parking spaces per 1000 square feet, has planned multiple outdoor conference rooms, and goals to use all the natural beauty of the property to create a unique office space for its occupants. Brass Funds founder and CEO Rick Rodriguez said, “The property location and topography are perfect for our plans of creating a spectacular office environment that inspires creativity, productivity and successful businesses”.

Magi Real Estate services will market the development and Magi Construction will handle much of the construction needs for the design, build and finish out. Of the three houses located on the property, one will be used as a construction office during development and the others will be demolished. A planned upcoming broker party to debut the plans for the property calls for bull dozers and the ability for brokers to be able to take turns demolishing parts of the houses, with professional supervision of course.

About Brass Funds

The Brass Real Estate Fund Management Group provides value-added opportunities to our investor partners. The Group sources investment opportunities, creates value through our return enhancement operations, and harvests that value through an established exit strategy put in place at the time of property acquisition. The Brass Real Estate Fund Management Group offers co-investor partnership opportunities to our clients.

Brass Real Estate Funds are the vehicles through which private and institutional clients invest in Real Estate. All Brass Funds are serviced by the Magi Group of Real Estate Service Companies. Each fund is a Limited Partnership of which Rick Rodriguez is General Partner.