Leading insurance firm, Marley Risk, has signed a new lease for 18,500 sq ft of office space at Grange Park in Bishop's Cleeve.
The open plan offices are currently being fitted out ready for Marley to relocate its operation from Evesham, just over the border in Worcestershire.
Marley Risk is the UK’s largest specialist in latent defect insurance claims management, working with leading insurers in the LDI market to tackle defects in design, workmanship, or materials of buildings.
The new workspace is a result of continued business growth for the insurance firm.
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.'
The inward investment into Gloucestershire expands the insurance sector expertise at Grange Park which also houses PoloWorks — crowned one of the leading large organisations in the 2024 UK’s Best Workplaces in Financial Services & Insurance list.
THP Chartered Surveyors of Cheltenham and JLL from Bristol acted on behalf of the landlord; and Noyes Lewis Commercial Property in Cheltenham acted for Marley.
Letting agent Richard Crabb of THP said: 'We are delighted with this deal. This is one 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 per cent occupied; while the remaining 5,500 sq ft of the first phase of refurbishment of The Grange is under offer.
The space for Marley Risk is part of phase two, which will deliver a total of almost 30,000 sq ft of top specification space.
Across the whole site, almost 60,000 sq ft has been let to date.
