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Cogdell Spencer Announces Aigner as President in the Northwest Region

SEATTLE, Feb. 11 /PRNewswire-FirstCall/ -- Cogdell Spencer Inc. (NYSE: CSA) announces the appointment of Paul Aigner to President of the Northwest Region for the Company's wholly owned subsidiary, Erdman, A Cogdell Spencer Company (Erdman).

Based in the Company's Seattle office, Mr. Aigner will focus on developing and maintaining client relationships and will be responsible for all design-build and development projects in the Region which includes Washington, Oregon and Idaho. The Company offers integrated healthcare real estate services from strategic planning to development and delivery to long term ownership and management. He will report to Scott Ransom, President and Chief Executive Officer of Erdman.

Prior to joining Cogdell Spencer, Mr. Aigner owned and operated a project management/owner's representative firm that assisted healthcare clients in all phases of project development from pre-design through construction administration. His company specialized in marketing and leasing to the physician community and overall tenant coordination of new medical office buildings in the Greater Puget Sound market.

Mr. Aigner has twenty five years of healthcare project management experience with Simmonds, HDR and his own company. Recent healthcare project management includes a new addition and remodel at The Commons in Bellevue, WA, a 200,000 square foot medical tower for Overlake Hospital in Bellevue, WA and Treasure Valley Pediatrics, a 10,000 square foot facility in Boise, ID. Mr. Aigner earned a Bachelor of Environmental Science from the School of Architecture at the University of Washington and become a registered architect in 1994.

"Paul's background and combined leadership experience in business development, development and project management is a great asset to the company," said Ransom. "We are very excited to have Paul leading our Northwest Region."

About Cogdell Spencer Inc.

Charlotte-based Cogdell Spencer Inc. (NYSE: CSA) is a fully-integrated, self-administered, and self-managed real estate investment trust ("REIT") that invests in specialty office buildings for the medical profession, including medical offices and ambulatory surgery and diagnostic centers. The Company focuses on the ownership, development, redevelopment, acquisition, and management of strategically located medical office buildings and other healthcare related facilities in the United States of America. Erdman, A Cogdell Spencer Company, provides service offerings including advanced planning, architecture, engineering and construction, and development. The Company has been built around understanding and addressing the full range of specialized real estate needs of the healthcare industry. Learn more about Cogdell Spencer Inc. and its subsidiaries at

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements reflect the Company's views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ materially. Factors that may contribute to these differences include, but are not limited to the following: market trends; our ability to obtain future financing arrangements; our ability to renew ground leases; our ability to integrate the operations of Marshall Erdman & Associates with our operations; defaults by tenants; and changes in the reimbursement available to our tenants by government or private payors. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission, including the Company's Form 10-K for the year ended December 31, 2007. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be realized. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Cogdell Spencer Inc.
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