MIAMI—Banco do Brasil Americas, the American arm of Latin America's largest bank, has opened its first branch in Miami at 800 Brickell. 800 Brickell is 208,325-square-foot premier office building in downtown Miami.

The bank signed a 10-year 6,953-square-foot lease for ground floor office space fronting Brickell Avenue. Brickell is the second largest financial district the United States and, according to Stiles realty director Michael Taylor, the bright spot in Miami's office market.

Stiles' research shows that occupancy in Brickell is rising faster than other submarkets. Tenants seeking quality space and a large amenity base are attracted to the area due in part to its recent retail and residential developments.