AshbyCapital secures new letting in the Colmore Building
The West Midlands Growth Company (WMGC) has leased office space at AshbyCapital’s the Colmore Building in Birmingham, React News can reveal.
WMGC, the region’s economic development agency, has taken 4,700 sq ft on the 11th floor.
"This is a firm vote of confidence in Birmingham’s office market and the Colmore Building’s attractiveness to forward-thinking occupiers" - Tom Smithers, AshbyCapital
Following the letting, 22,709 sq ft of space is available on the 12th floor of the Colmore Building, a 314,000 sq ft office scheme in the centre of Birmingham’s business district.
WMGC will join an array of global tenants including Chubb, Allianz, Investec, Irwin Mitchell, Hogan Lovells, Rathbones and Willis Towers Watson. The office has achieved an ‘excellent’ BREEAM environmental and sustainability rating.
Tom Smithers, property director at AshbyCapital, said: “One of Birmingham’s most exciting office destinations, we are proud to welcome the West Midlands Growth Company to the Colmore Building. This is a firm vote of confidence in Birmingham’s office market and the Colmore Building’s attractiveness to forward-thinking occupiers who want a sustainable workplace that fosters collaboration and improves staff wellbeing. We look forward to seeing them thrive here alongside our existing tenants.”
"Our decision to locate within the building was also steered by the range of fantastic amenities available to tenants."- Neil Rami, West Midlands Growth Company
Neil Rami, chief executive at West Midlands Growth Company, said: “With the company’s health and wellbeing agenda remaining an important business priority, our decision to locate within the building was also steered by the range of fantastic amenities available to tenants.”
It is the second significant letting to be revealed in Birmingham this week: law firms Showsmiths committed to 33,000 sq ft at 103 Colmore Row.
Joint letting agents for the building are JLL and Avison Young. JLL represented West Midlands Growth Company.