FIRM TO BUY GREENVILLE HEALTH CARE PROPERTY FOR $16 MILLION

GREENVILLE, N.C. — Cogdell Spencer ERDMAN plans to purchase the 72,000-square-foot St. Francis Outpatient Center from a private seller for $16 million. The property, which is fully leased to St. Francis Hospital, is located near Easley Bridge Road in Greenville. The property opened in 2001.