West Midlands Growth Company signs at Birmingham’s Colmore Building

13 January 2022

AshbyCapital, the property investment advisory company, 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 enhancement programme, The Colmore Building comprises 314,000 sq ft of Grade A office space over 14 storeys. WMGC will join an array of global tenants including Chubb, Allianz, Investec, Irwin Mitchell, Hogan Lovells, Rathbones and Willis Towers Watson.

The building offers Birmingham’s broadest range of amenities with a state-of-the-art gym, yoga and Pilates studio, treatment rooms, bicycle parking, luxury changing rooms and a drying room, as well as a private GP room and the &More Coffee House. 

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.” 

The Colmore Building has achieved an ‘excellent’ BREEAM environmental and sustainability rating, along with a ‘platinum’ WiredScore connectivity rating – the highest available. 

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.