Baxa Corp Signs Agreement for Corporate HG

Baxa Corporation, a global manufacturer of medical devices for health-system pharmacies, announces it has signed an agreement to lease the Maroon V office building as its new corporate headquarters facility. The new facility will allow Baxa to consolidate its current executive and administrative operations - currently occupying three separate building spaces - into a single facility of approximately 64,000 square feet. The move also accommodates the planned expansion of the company's production capacity at its Grasslands facility to support business growth.

Baxa Corporation, a global manufacturer of medical devices for health-system pharmacies, announces it has signed an agreement to lease the Maroon V office building as its new corporate headquarters facility. The new facility will allow Baxa to consolidate its current executive and administrative operations – currently occupying three separate building spaces – into a single facility of approximately 64,000 square feet. The move also accommodates the planned expansion of the company’s production capacity at its Grasslands facility to support business growth.

Maroon V is a 4-story, Class A office building in the Meridian International Business Center, south of Denver, Colorado. Developed by Shea Properties, the LEED-certified building will provide a state-of-the-art working environment for Baxa executive officers, product development and laboratory testing; sales, marketing and technical support activities; and accounting and finance associates.

Located at 9540 S Maroon Circle, its location provides easy access from I-25, C/E-470 and Lincoln Avenue, approximately four miles from the current Baxa headquarters building. Site planning, design and tenant improvements are expected to be completed for a May 2010 move-in.

Baxa Corporation manufactures and markets systems for handling, packaging and administering fluid medications to global health systems. Privately held, Baxa Corporation has subsidiaries and sales offices in Florida, Canada and the United Kingdom; direct representation in Austria, Belgium, Denmark, Finland, France, Germany, Luxembourg, The Netherlands and Switzerland; and distribution partners worldwide. http://www.baxa.com