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Cogdell Spencer Announces Nicholas as President of the Northeast Region

WASHINGTON, Feb. 19 /PRNewswire-FirstCall/ -- Cogdell Spencer Inc. (NYSE: CSA) announces the promotion of Jeff Nicholas to President of the Northeast Region of Erdman, A Cogdell Spencer Company (Erdman).

Based in the Company's Washington, D.C. office, Mr. Nicholas will be responsible for all related business activities in the states of Maryland, West Virginia, Virginia, Delaware, New Jersey, Pennsylvania, New York and the District of Columbia. The Company offers integrated healthcare real estate services from strategic planning to development and delivery to long term ownership and management. Mr. Nicholas will report to Scott Ransom, President and Chief Executive Officer of Erdman.

Prior to joining Erdman in 2007, Mr. Nicholas was a Healthcare Account Manager for Skanska USA, and previously held leadership positions with Gilbane, Granary Associates and GE Medical Systems. With more than twenty five years of experience leading the execution of healthcare program initiatives, Mr. Nicholas has directed over $1 billion of planning, design and construction activities during his career.

He has worked with major healthcare systems such as Children's Hospital of Philadelphia, Robert Wood Johnson University Hospital System, New Jersey, Penn State Hershey Medical Center, University of Pittsburgh Medical System and most recently Johns Hopkins University Hospital in Maryland. Mr. Nicholas is a graduate of University of Connecticut - School of Engineering and is a licensed engineer in the state of Wisconsin.

"Jeff has extensive healthcare project management experience and knowledge of the Northeast markets," said Ransom. "We are very excited to have Jeff serve on our leadership team as President of the Northeast 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. 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.

SOURCE Cogdell Spencer Inc.
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