Highways Agency office relocation to The Cube, Birmingham
Solicitors have been instructed to handle the office relocation of the Highways Agency to The Cube in what will be regarded as a major coup for the landmark Birmingham development.
The Government agency will move from Broadway at Five Ways to take 50,000 sq ft at the Ken Shuttleworth-designed mixed use scheme under construction near The Mailbox.
The Highways Agency’s requirement has been one of the most talked about within the commercial property sector in recent months with a number of other key developments initially thought to have been in the running.
The pre-let should ensure that take up in the city of office space for 2008 will exceed the annual average of around 600,000 sq ft thanks to other significant office relocation deals earlier in the year with Wragge & Co and Barclays both agreeing deals with Ballymore at Snowhill. The Highways Agency is set to take almost half of the 111,461 sq ft of office space at The Cube and will take occupation in March 2010.
Graham Dalton, chief executive officer at the Highways Agency, said: “It is increasingly important that as a Government agency we work in modern, high quality, sustainable office space which supports our people and provides them with the best tools for the job. We need space that allows people to work as efficiently and effectively as possible.
“With this in mind, The Cube offers us ideal accommodation for high performing teams at a competitive price.”