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Cogdell Spencer Announces Dagar as President of the South Central Region

DALLAS, Feb. 18 /PRNewswire-FirstCall/ -- Cogdell Spencer Inc. (NYSE: CSA) announces the appointment of Bill Dagar to President of the South Central Region for the Company's wholly owned subsidiary, Erdman, A Cogdell Spencer Company (Erdman).

Based in the Company's Dallas office, Mr. Dagar will focus on developing and maintaining client relationships and will be responsible for all design-build and development projects in the Region which includes Texas, Oklahoma, Kansas, Arkansas, Missouri and Louisiana. 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. Dagar most recently served as Alliance Director with CB Richard Ellis - Healthcare Services where he directed a team responsible for managing all real estate functions for Baylor Healthcare Systems. Previously, Mr. Dagar served as Senior Vice President of Acquisitions for Partners Health Trust, Trammell Crow's medical office building fund. His background also includes real estate development, sales and business development for the Real Estate Advisory Services group of Ernst & Young.

Mr. Dagar holds a Master of Business Administration from Butler University and a Bachelor of Science in Business Administration from Clarion University of Pennsylvania.

"Bill's extensive experience in the D/FW Metroplex healthcare market is a great addition to the company's South Central market," said Ransom. "We are very excited to have Bill joining our leadership team."

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. To ensure compliance with state law, architecture and engineering services may be provided by other entities affiliated with Erdman Company. Erdman Company may also do business under another name in your state, as required by law. Please visit our website at for information specific to your state. 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.

    Other Contacts
    General Inquiries:
    Frank C. Spencer
    President and Chief Executive Officer
    Tel: 704.940.2926

    Financial Inquiries:
    Charles M. Handy
    Chief Financial Officer
    Tel: 704.940.2914

SOURCE Cogdell Spencer Inc.
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