Region’s economic development agency signs up to Birmingham’s Colmore Building

AshbyCapital has let 4,696 sq ft on the 11th floor of The Colmore Building, its grade A office building in Birmingham’s city centre, to the West Midlands Growth Company (WMGC).

WMGC, the region’s economic development agency, is moving from Baskerville House to The Colmore Building.

Relaunched by AshbyCapital in 2016, after a £3.5m refurbishment, The Colmore Building comprises 314,000 sq ft of Grade A office space over 14 storeys.

WMGC will join tenants including Chubb, Allianz, Investec, Irwin Mitchell, Hogan Lovells, Rathbones and Willis Towers Watson.

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.”

Neil Rami, chief executive at West Midlands Growth Company, said: “At the heart of Birmingham’s bustling business district, The Colmore Building exemplifies the state-of-the-art, quality office provision the region has an offer, making it well-suited to WMGC’s aims and ambitions surrounding destination promotion. 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.”

Following the letting, 22,709 sq ft of space is available on the 12th floor of The Colmore Building.

Joint letting agents for the building are JLL and Avison Young, and JLL represented West Midlands Growth Company.