A city centre office building is now fully occupied following the latest letting deal.
Axa Insurance has expanded its commitment within St Philips Point, in Temple Row, to a total of 22,268 sq ft through its acquisition of the vacant 5,400 sq ft eight floor.
It already occupies space on floors four to seven.
All 97,496 sq ft of office space within the ten-storey building is now occupied, with other tenants including accountancy firm RSM and law practice Weightmans.
Since being purchased out of administration by Ediston Property Investment Company in 2012, the building undergone an upgrade of all vacant office space, common areas, main reception entrance and installation of a new central plant and lift cars.
Ben Thacker, from letting agency Savills which advises Ediston, said: "In just four years since Ediston acquired St Philips Point, we have seen occupancy peak, with new occupiers coming in and the majority of existing tenants re-gearing and expanding to meet their long-term requirements.
"This represents a massive vote of confidence in the building and AXA's growth in particular has been fantastic, with St Philips Point forming a key part of their estate rationalisation strategy.
"Birmingham's office market continues to thrive and high-quality refurbishments of well positioned stock such as this will be fundamental in ensuring that we have a consistent pipeline to meet future occupier demand."
Ediston director Andy McKinlay added: "St Philips Point was a great acquisition for us, with an opportunity created from a historic lack of investment alongside its prime location, great views towards the cathedral and access to the city's retail amenities and public transport network.
"The key to unlocking the opportunity was to fully understand our existing and new potential tenant requirements and to take our existing tenants with us during the complex refurbishment of an occupied building."
Wright Silverwood and BWD are also letting agencies on the building.
