BALTIMORE, Sept. 29 /PRNewswire-FirstCall/ -- Cogdell Spencer ERDMAN is pleased to announce the opening of Medical Pavilion at Howard County, a five-story, 167,000 square foot medical office building at the Johns Hopkins Howard County Hospital in Columbia, Maryland. This facility represents a new standard for collaborative medical delivery in the community. There are thirteen medical practices, including 90 physicians/dentists, providing medical care at the facility, with support services that include the Johns Hopkins laboratory, Johns Hopkins Outpatient Pharmacy, a cafe and HCGH Wellness Center.
Cogdell Spencer ERDMAN delivered the project under an integrated design/build contract working with Mackenzie Commercial Real Estate services, LLC as project developer and lease administrator. A group of local physicians and Howard County General Hospital, A Member of Johns Hopkins Medicine partnered on the ownership and operations of Medical Pavilion, which hosted a ribbon cutting and reception on Thursday, September 24, 2009.
"Cogdell Spencer ERDMAN was pleased to work with Johns Hopkins, Howard County General Hospital and local physicians on this state-of-the-art facility that brings expanded medical services to Columbia and the surrounding community," said Jeff Nicholas, President, Northeast Region for Cogdell Spencer ERDMAN.
The facility, built with the environment in mind, is registered with The United States Green Building Council with a goal of Silver Certification status for Leadership for Energy and Environmental Design (LEED). This is the largest LEED-applied Silver facility in the state of Maryland.
"We are very proud to offer this building to our community," said Michael E. Silverman, MD, Chief, Department of Internal Medicine. "The collaboration among a number of diverse practices allows us to bring a wide variety of services to the residents of our community in a convenient location."
About Cogdell Spencer ERDMAN(SM)
Cogdell Spencer ERDMAN(SM) is the nation's premier integrated healthcare facilities company. Our clients count on us as a trusted partner in defining their healthcare delivery strategies and developing innovative facilities solutions to support them. We are widely recognized for creating sustainable, efficient healing environments for our clients and their patients. The Company has been built around understanding and addressing the full range of specialized real estate needs of the healthcare industry. Cogdell Spencer ERDMAN is a service mark of the wholly-owned operating company of Cogdell Spencer Inc. Learn more about Cogdell Spencer ERDMAN and its parent company Cogdell Spencer Inc. (NYSE: CSA - News) at 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 comply with financial covenants in our debt instruments; 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, 2008. 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.
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