-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LP9IY1o2ZSQQ8zMFQD7krb3TDk/9MAZrbV51oMMRr9VS1cz9mqHHEWHY8ZUzvplQ
 ZUUQuCQldq1+4Iya16x6Vg==

<SEC-DOCUMENT>0001209191-08-041738.txt : 20080708
<SEC-HEADER>0001209191-08-041738.hdr.sgml : 20080708
<ACCEPTANCE-DATETIME>20080708104447
ACCESSION NUMBER:		0001209191-08-041738
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080331
FILED AS OF DATE:		20080708
DATE AS OF CHANGE:		20080708

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cogdell Spencer Inc.
		CENTRAL INDEX KEY:			0001332896
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4401 BARCLAY DOWNS DRIVE, SUITE 300
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28209-4670
		BUSINESS PHONE:		704-940-2900

	MAIL ADDRESS:	
		STREET 1:		4401 BARCLAY DOWNS DRIVE, SUITE 300
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28209-4670

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Georgius John
		CENTRAL INDEX KEY:			0001342182

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32649
		FILM NUMBER:		08942243

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		704-904-2900

	MAIL ADDRESS:	
		STREET 1:		4401 BARCLAY DOWNS DRIVE
		STREET 2:		SUITE 300
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28209
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bny51642_georgius4.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-03-31</periodOfReport>

    <issuer>
        <issuerCik>0001332896</issuerCik>
        <issuerName>Cogdell Spencer Inc.</issuerName>
        <issuerTradingSymbol>CSA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001342182</rptOwnerCik>
            <rptOwnerName>Georgius John</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>4401 BARCLAY DOWNS DRIVE, SUITE 300</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CHARLOTTE</rptOwnerCity>
            <rptOwnerState>NC</rptOwnerState>
            <rptOwnerZipCode>28209</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>29000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Partnership Units</value>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Although Mr. Georgius has not received any derivative security that would require the filing of a Form 4,On March 31, 2008, Mr. Georgius was granted 3,135 long term incentive plan units (&quot;LTIP units&quot;) pursuant to Cogdell Spencer Inc.'s (the &quot;Company&quot;) 2005 long-term stock incentive plan. The LTIP units may be convertible into limited partnership units (&quot;OP units&quot;) in Cogdell Spencer LP (the &quot;Operating Partnership&quot;), if there is an increase in the value of the Operating Partnership's assets, which revaluation will occur upon the occurrence of certain events (each a &quot;Book-up Event&quot;). OP units are redeemable for a cash amount equal to the value of OP units or, in the Company's sole and absolute discretion, exchangeable for shares of the Company's common stock based on an exchange ratio of one share of common stock for one OP unit.</footnote>
        <footnote id="F2">The 3,135 LTIP units granted to Mr. Georgius vested on March 31, 2008. Upon a Book-up Event, some or all of the 3,135 LTIP units granted to Mr. Georgius may be converted into OP units, thereby increasing the number of OP units owned by Mr. Georgius by the corresponding number of LTIP units converted into OP units. At this time, there has been no transaction involving Mr. Georgius that would require the filing of a Form 4 and this Form 4 is being filed for informational purposes only.</footnote>
        <footnote id="F3">Although not a derivative security, Mr. Georgius owns an aggregate of 3,135 LTIP units.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Charles M. Handy, Attorney-In-Fact</signatureName>
        <signatureDate>2008-06-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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