Cogdell Spencer ERDMAN serves hospitals and physicians in 12 states, with more than 11,000 healthcare providers practicing in buildings we manage. More than 800 of our physician tenants have participated as our real estate investment partners. We currently manage 113 properties, totaling more than 5.7 million square feet of medical office space nationwide.
With more than three decades of management experience specializing solely in healthcare, our unique approach to real estate management leverages procedures, processes and services that have been refined to meet the needs of the medical industry. Our tenants’ experience occupancy costs that are consistently 15% lower than the Building Owners and Management Association’s (BOMA) national average for comparable healthcare facilities.
All aspects of property management, asset management, partnership financial reporting, leasing and tenant retrofitting are handled by in-house professionals, ensuring an efficient process for our clients. Our commitment to intensive on-site management, minimized occupancy costs and an open-book cost approach translates into excellent tenant satisfaction with remarkably low turnover.
Our integrated delivery process enables us to maximize sustainable features, at no additional premium. This significantly increases operational efficiency and decreases life-cycle costs, further lowering occupancy costs.
It is our mission to cultivate physician and hospital relationships through tenant retention, marketing and leasing available space to increase occupancy and maximizing rental rates to increase profitability.
All properties are managed and leased by Cogdell Spencer Advisors, LLC or Cogdell Spencer Erdman Management Co.