MIAMI—Despite the uptick in leasing, the competition for quality tenants is still hot and heavy in the Brickell Financial District. But Brickell Bay keeps attracting its fair share of leases.

Brickell Bay Office Tower, a 32-story, class A office tower located directly on Biscayne Bay, just inked a deal with Miami-based international law firm Astigarraga Davis. The firm will occupy about 16,000 square feet of space at the 280,500 square foot office tower. Financial terms of the agreement were not disclosed.

Astigarraga Davis is relocating from nearby 701 Brickell Avenue, continuing a steady string of activity that has seen existing Brickell tenants upgrade to space at Brickell Bay Office Tower. The building is also home to AON, one of the world's leading provider of risk management and insurance services as well as the British Consulate, NEC Corporation, and financial services provider Domus Prime Services.