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News release

RALEIGH, NC

Jones Lang LaSalle Negotiates 8,504 Square-Foot Expansion for Baxano Surgical in Raleigh


RALEIGH, Nov. 6, 2013 — Jones Lang LaSalle’s Raleigh-based Tenant Representation group announced that it has completed an 8,504 square-foot expansion in Raleigh on behalf of Baxano Surgical, Inc., a medical device company.

To accommodate growth, Baxano is extending its stay at Horizon at Six Forks in Raleigh and signed an 8,504 square-foot office expansion at 110 Horizon Drive, bringing its total property footprint to over 17,000 square feet.  JLL Senior Vice President and Brokerage Leader Matthew Cooke represented the tenant throughout the transaction.

“After a thorough evaluation of the North Raleigh submarket, expanding at Horizon IV made the most sense for Baxano’s business,” Cooke said.  “I am excited about the company’s continued growth in the Triangle and sincerely enjoyed working with its senior leadership team on this project.”

"The Triangle area offers a terrific foundation of local talent and support for life sciences companies,” said Baxano President and CEO Ken Reali.  “We look forward to continuing to establish our base of operations in the Raleigh area and see the current situation as an excellent fit for our employees and customers that we bring into the facility for training on our technologies."

About Baxano Surgical, Inc.
Baxano Surgical, Inc. is a medical device company focused on designing, developing, and marketing minimally invasive products to treat degenerative conditions of the spine affecting the lumbar region. Baxano Surgical currently markets the AxiaLIF® family of products for single and two level lower lumbar fusion, the VEOTM lateral access and interbody fusion system, the iO-Flex® system, a proprietary set of flexible instruments used by surgeons during spinal decompression procedures and the iO-Tome™ instrument, which rapidly and precisely removes bone, specifically the facet joints, which is commonly performed in spinal fusion procedures. Baxano Surgical was founded in May 2000 and is headquartered in Raleigh, North Carolina. For more information, visit www.baxanosurgical.com.

AxiaLIF® and iO-Flex® are registered trademarks of Baxano Surgical.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.7 billion of real estate assets under management. For further information, visit http://www.jll.com/. ​