Insurer relocates to support growth
A BIRMINGHAM insurance firm is relocating to larger offices in the city centre in order to support growth.
Markel, which has been in Birmingham for 17 years, is moving to Cathedral Place from a neighbouring building in order to utilise the extra space. Nine staff will be making the move, with further hires anticipated in the coming months.
The firm has taken over the entire 2,035 sq ft third floor of the building on a new lease, in a deal arranged by joint agent Cushman & Wakefield.
Andy Partington, UK sales director at Markel, said: “We were keen to occupy the right space at the heart of Birmingham’s central business district and were not willing to compromise on quality as we grow in profile and number in the city. We were keen to locate ourselves amongst similar professional firms.”
Cameron Thomson, senior surveyor, Cushman & Wakefield said Cathedral Place offered some of the best views in the city centre, overlooking St Philip’s Cathedral.
Cathedral Place itself is a part modern, part period listed building, which has been extensively refurbished by landlord Canada Life in recent years.
Other occupiers include Springboard Corporate Finance and recruitment firm Greenwell Gleeson. A further floor is currently on offer to a potential legal services tenant, which leaves just one floor unoccupied.
Charles Warrack, of Johnson Fellows, who advised Markel, said: “Cathedral Place fitted the bill perfectly for my client, ahead of other shortlisted options and will allow them to focus on their core business in a comfortable and smart environment.”
