MIAMI—The Building on Ponce Circle is filling up fast. Coral Gables' newest class A office building is 80% occupied less than one year after opening.

Blanca Commercial Real Estate, the exclusive leasing agent for the building, just inked three new deals for 13,320 square feet of office and retail space. Artisanal bakery shop Violeta Pasteleria and First Bank Florida will occupy a combined 5,600 square feet of retail space while new-to-market tenant Caliber Home Loans has taken 7,720 square feet of office space. The result in positive absorption for the Coral Gables office market. Financial terms of the agreements were not disclosed.

“In just under a year since opening our doors, The Building has attracted a roster of premium tenants,” says Alberto J. Perez, president of AJP Ventures, the project's developer. “This points to the quality of The Building and the demand that exists from top-tier tenants for the unique workplace environment that is offered here.”