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Grant Thornton takes 17th Floor at Birmingham’s 103 Colmore Row

• Grant Thornton leases 17th floor at tallest office building under construction outside London

• World-leading accounting firm’s 400 Birmingham employees to occupy over 12,000 sq ft

• Comes after a flurry of leases at landmark scheme which is set to complete in just weeks 

Grant Thornton UK LLP, one of the largest business and financial advising firms in the world, has taken 12,146 sq ft at Birmingham’s 103 Colmore Row, the tallest new office building currently under construction outside London.

The deal with JV partners Sterling Property Ventures and Tristan Capital Partners’ EPISO 4 Fund will see the firm’s 400 Birmingham-based staff relocate from their current headquarters in the city to the 17th floor of the new landmark office scheme.

This latest announcement follows the news earlier this year that wealth management and professional services firm Tilney Smith & Williamson had taken a 12,000 sq ft lease and that a management agreement had been signed with leading flexible workspace operator X+Why to operate 31,500 sq ft across three floors.

Dave Hillan, Birmingham practice leader for Grant Thornton, said: “The environmental credentials of 103 Colmore Row were a huge attraction for us, together with the availability of additional flexible workspace within the building. As people start to return to the office, it is important that they have a great working environment to return to and 103 certainly ticks that particular box.”

When it completes this year, 103 Colmore Row will become the first commercial office building in Birmingham’s Central Business District to link up with the city’s District Energy Scheme. [1] 

The landmark scheme features 223,631 sq ft of BREEAM ‘Excellent’ Grade A office space, high-quality amenity spaces – including a two-storey, top-floor restaurant and ground floor café operated by D&D London – as well as a range of technological innovations.

James Howarth, Managing Director at Sterling Property Ventures, said: “The addition of Grant Thornton to our growing tenant roster is a further endorsement of 103 Colmore Row’s best-in-class credentials. Post-pandemic, employees are demanding more from the offices they want to work in, with a focus on health and wellbeing, as well as location and commute time for work-life balance. Companies are recognising this and, as a result, we’re seeing a flight to quality in the office sector, with occupiers clamouring for the very best space.”

Paul Pritchard, Director at Tristan Capital Partners, added: “Grant Thornton has joined a growing list of financial and professional services firms that are now set to take up space at 103 Colmore Row, which is fast becoming one of Birmingham’s most sought-after office developments. Importantly, 103 Colmore Row is tackling a chronic undersupply of high-quality office space in Birmingham, enabling companies looking to expand outside of London and beyond to access previously untapped talent pools in the region.”

Office space at 103 Colmore Row is being marketed by Cushman & Wakefield, Colliers International and Knight Frank.