Colmore Gate benefits from Wesleyan’s expansion plans

BIRMINGHAM-headquartered insurance firm Wesleyan Assurance has taken additional space at Colmore Gate in the city centre.

Property consultancy GVA let 6,215 sq ft on the eighth floor of the building on Colmore Row to Wesleyan, whose headquarters is only a few hundred yards away in Colmore Circus.

Colmore Gate provides 170,500 sq ft of refurbished Grade A office space over 15 floors. The expansion by Wesleyan now leaves just one floor of 6,215 sq ft unoccupied.

Charles Barratt of Wesleyan Assurance Society said: “We have seen a strong year with confidence returning to our markets and are delighted to have secured the eighth floor, meeting our aspirations for continued growth.” 

GVA’s George Jennings said: “This is of course exceedingly positive for Colmore Gate and is yet another sign of the increasing demand for high quality refurbished space within the regional office sector.”

Founded in 1841, Wesleyan Assurance Society provides a range of financial products and advice for clients operating throughout the professional market, including the medical, dental, teaching and legal sectors.

GVA acts as joint agent on Colmore Gate with GBR Phoenix Beard. Wesleyan was represented by DTZ.