Data firm Kagool moves to Rum Runner Works

A data firm has signed a deal to take office space at the former home of a famous Birmingham nightclub.

Global data and analytics specialist Kagool has agreed a new ten-year lease for 8,100 sq ft in the canalside Rum Runner Works building, off Broad Street.

Previously based in Coventry, it has joined existing technology occupier Ricoh Digital.

The two-storey Rum Runner Works at Regency Wharf was previously home to Jimmy Spices restaurant but now has 16,000 sq ft of office space following a renovation programme which was completed in 2021.

It is named after the Rum Runner nightclub which played host to Duran Duran and UB40 and occupied part of the site until 1987 when it was demolished to make way for the Hyatt Regency Hotel in Bridge Street.

Dan Barlow, group chief executive of Kagool, said: "We're really excited to move our HQ to Birmingham, the heart of the fastest-growing tech region in the UK.

"Birmingham offers a dynamic business environment, a diverse talent pool and strategic proximity to key partners and markets, positioning us for even greater success in the years ahead. The Rum Runner Works office is an amazing building which fits very well with our company.

"As Kagool embarks on this exciting new chapter, the company reaffirms its dedication to driving innovation, fostering talent and creating value for all stakeholders.

"The move to Birmingham represents a strategic investment in the company's future growth and success and the team can't wait to try out the balcony when the weather improves."

Tim Hamlin, director of asset management at landlord Picton Property Income, said: "We are delighted to welcome Kagool to Rum Runner Works and wish them every success in their new workspace."

Property agencies Savills and CBRE represented Picton on the deal.