Government agency relocates to Birmingham’s Three Snowhill
National Highways has signed a 10-year lease at Birmingham’s Three Snowhill, which is the largest letting of 2024 in the central business district.
The government agency, which manages England’s motorways and A roads, will move from The Cube and Colmore Square to occupy 58,697 sq ft at Three Snowhill by the end of the year.
The deal marks M&G Real Estate’s biggest letting of 2024.
Aaron Pope, portfolio director of Offices Asset Management at M&G Real Estate, said: “This significant letting to National Highways underscores Three Snow Hill’s premier status within Birmingham’s business landscape and reflects the ongoing demand for high-quality, well-located office space.
The positive trends we are seeing in the city’s commercial real estate market, including robust transaction activity and significant infrastructure investments, continue to enhance its attractiveness as a prime business hub, which will help to drive returns for our clients.”
National Highways director of Estates, Services and Facilities, Steve Cooke, adds: “The move will enable us to bring our Birmingham-based teams together under one roof at a convenient location in the centre of the city enabling better collaborative working and building on the community workplace feel that we have developed.
“It is essential to us that our staff are happy with their workplace so when our office leases were coming to an
end, we worked hard to find the most suitable space available. We are delighted that our new home in Birmingham has close transport links, flexible work space and excellent wellbeing facilities. This move aligns with our workplace and location strategy to create better, greener and smaller workplaces.”
