CHARLOTTE, N.C., Sept. 10 /PRNewswire-FirstCall/ — Cogdell
Spencer Inc. (NYSE:
CSA) announced today that its Board of Directors has declared a
quarterly dividend of $0.10 per common share payable on October 20,
2010 to stockholders of record on September 24, 2010.  The
dividend covers the third quarter of 2010.  

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.  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 www.cogdell.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: our
business strategy; our ability to comply with financial covenants
in our debt instruments; our access to capital; our ability to
obtain future financing arrangements; estimates rel

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