In a significant boost for Grange Park, Marley Risk, a leading firm in the insurance sector, have signed a new lease for 18,500 sq ft of office space. The full specification, open plan offices are currently being fitted out ready for Marley to relocate their operation from Evesham.
Marley Risk is the UK’s largest specialist in latent defect insurance claims management, working with leading insurers in the LDI market. Stemming from their continued growth, Marley recognised the need for a workspace that aligns with their evolving business and culture. This inward investment will consolidate the insurance sector expertise at Grange Park and reinforce its position as a premier business destination.
THP Chartered Surveyors of Cheltenham and JLL, Bristol acted on behalf of the landlord and Noyes Lewis Commercial Property in Cheltenham acted for Marley.
Marley Risk CEO, Kevin Drain said, “The move to Grange Park reflects our commitment to providing an enhanced workplace experience for our employees and a dynamic environment for collaboration and creativity. Our new office not only strengthens our ability to serve our clients more effectively but also reinforces our philosophy of excellence and continuous improvement.”
Letting agent Richard Crabb of THP said, “We are delighted with this deal! This is on of the largest single lettings in the county in recent years and it underscores Grange Park’s growing reputation”.
Ian Wills from joint agents JLL said, “This letting illustrates Grange Park’s flexibility. From this most significant letting to a single desk in the Manor House, there really is nowhere else like it.”
Regus, which operates serviced office space in the Manor House, is now 72% occupied while the remaining 5,500 sq ft of Phase 1 refurbishment of The Grange , is under offer. The space for Marley Risk is part of Phase 2 which delivers a total of almost 30,000 sq ft of top specification space. Almost 60,000 sq ft has been let to date, making this one of the most successful office locations in the area.
Grange Park continues to set the bar for sustainability with its exceptional EPC rating of A. The building is gas-free, with all heating and air conditioning powered by electricity. Solar panels, which generated 6,722 kWh of electricity in June, provide clean, renewable energy to the building’s common areas.