"Optimum's multi-year process of expansion and renovation has revitalized the historic Celino South Beach site, transformed its global brand and helped to spearhead the relaunch of Miami's Ocean Drive," said Rodolfo Misitano, CEO at Optimum Asset Management in a written statement.

Over 18 million square feet of net office absorption was sufficient to reverse all the negative net absorption that occurred in 2020.

Transportation, trade, and utilities made gains in hiring last month.