MIAMI—396 Alhambra Circle is gaining traction in the Coral Gables office market. The new class A two-tower office and retail project just signed 10,000 in new leases. Financial terms were not disclosed. The new leases bring the complex to nearly 50% occupancy.

Banco Pichincha, C.A. signed an 8,950-square-foot lease in the North Tower penthouse while Gables Estates Tax & Advisory Services, P.A., an international accounting and business consultancy, signed a lease for 1,080 square feet on the second floor of the project’s South Tower.

“We were specifically drawn to 396 Alhambra because the floor plan ideally meets our business needs,” Evan Acosta, general manager of Banco Pichincha’s Miami agency, said in a statement. “The floor-to-ceiling glass windows provide for the kind of light and views that are perfectly suited for working together with our clients.”

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