CHARLOTTE, N.C., Feb. 10 /PRNewswire-FirstCall/ -- Cogdell Spencer Inc. announces the promotion of Matthew Nurkin to President of the Mid-Atlantic Region of Erdman, A Cogdell Spencer Company.
Based in the Company's Charlotte office, Mr. Nurkin will focus on the client relationship and will be responsible for all design-build and development projects in the states of North Carolina, South Carolina and Virginia. The Company offers integrated healthcare real estate services from strategic planning to development and delivery to long term ownership and management. Mr. Nurkin will report to Scott Ransom, President and Chief Executive Officer of Erdman.
Mr. Nurkin joined Cogdell Spencer Advisors in 1996 to expand the Company's activities in the ownership and debt restructuring of existing hospital and physician-owned facilities. His prior experience includes the analysis of various investments, including real estate, public/private equity and derivative instruments.
During his career with Cogdell Spencer, Mr. Nurkin has held positions of increasing responsibility. Most recently serving as Vice President of Acquisitions, he has overseen $225 million of capital transactions since the Company went public in late 2005.
Mr. Nurkin holds a Masters in Business Administration from the University of North Carolina at Charlotte and a Bachelor of Arts in English Literature from Wake Forest University. In 2006, Nurkin was named as one of Charlotte Business Journal's "40 Under 40".
"Matt has been instrumental in the evolution of Cogdell Spencer and continues to be a tremendous asset to the company," said Ransom. "We are very excited to have Matt serving as President of our Mid-Atlantic Region."
About Cogdell Spencer Inc.
Charlotte-based Cogdell Spencer Inc. 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 http://www.cogdellspencer.com/.
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.
