Baxa Corporation (Baxa), a manufacturer of medical devices for health-system pharmacies, 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 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. The LEED-certified building will provide a good 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.