Windrose Medical Properties Trust Appoints Philip J. O'Donnell
April 26 2006 - 6:20PM
PR Newswire (US)
INDIANAPOLIS, April 26 /PRNewswire-FirstCall/ -- Windrose Medical
Properties Trust (NYSE:WRS), a self-managed specialty medical
properties REIT, announced today that Philip J. O'Donnell has been
appointed Vice President Asset Management of Windrose Medical
Properties Trust and as Senior Vice President of Windrose Medical
Properties Management LLC. Mr. O'Donnell replaces Steve L. Horn,
who resigned effective April 14, 2006. Most recently, Mr. O'Donnell
served as Regional Vice President at Prentiss Properties Trust for
ten years prior to the Company being sold in January 2006. In this
capacity, he was responsible for the Midwest regional team of 70
professionals, led property management for a diversified real
estate portfolio spanning over 11 million square feet and managed
acquisition due diligence activities. Previously, Mr. O'Donnell
spent thirteen years at Hines, a privately owned real estate firm
headquartered in Houston, TX, in the property management function.
Fred S. Klipsch, Chairman and Chief Executive Officer, commented,
"We are delighted to welcome Philip to the Windrose management
team. His track record in the management of real estate portfolios
is an ideal fit for Windrose and our needs at this point in our
development. Our expanded portfolio of properties will benefit from
his skills and leadership as we seek to maximize our existing
assets and grow our property portfolio." About Windrose Windrose is
a self-managed real estate investment trust (REIT) based in
Indianapolis, Indiana with offices in Nashville, Tennessee.
Windrose was formed to acquire, selectively develop and manage
specialty medical properties, such as medical office buildings,
ambulatory surgery centers, outpatient treatment and diagnostic
facilities, and specialty hospitals and treatment centers. Safe
Harbor Some of the statements in this news release, including those
related to the SRMC renovation and expansion, constitute
forward-looking statements. Such statements include, in particular,
statements about our beliefs, expectations, plans and strategies
that are not based on historical facts. You should not rely on our
forward-looking statements because the matters they describe are
subject to known and unknown risks, uncertainties, assumptions and
changes in circumstances, many of which are beyond our control,
which may cause our actual results to differ significantly from
those expressed in any forward- looking statement. The factors that
could cause actual results to differ materially from current
expectations include difficulties incurred in connection with
managing the SRMC expansion and renovation, adverse changes in
healthcare laws, changes in economic and general business
conditions, competition for specialty medical properties, our
ability to finance our operations, regulatory conditions and other
factors described from time to time in filings we make with the
Securities and Exchange Commission. The forward-looking statements
contained herein represent our judgment as of the date hereof, and
we caution readers not to place undue reliance on such statements.
We do not undertake to publicly update or revise any forward-
looking statement whether as a result of new information, future
events or otherwise. Contact: Investors/Media: Windrose Medical
Properties Trust The Ruth Group Fred Farrar Stephanie
Carrington/Jason Rando President and COO 646 536-7017/7025 317
860-8213 DATASOURCE: Windrose Medical Properties Trust CONTACT:
Fred Farrar, President and COO, Windrose Medical Properties Trust,
+1-317-860-8213; Investors/Media - Stephanie Carrington,
+1-646-536-7017, , or Jason Rando, +1-646-536-7025, , both of The
Ruth Group for Windrose Medical Properties Trust
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