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MIAMI-Two leases for an aggregate of 20,442 sf take occupancy to nearly 85% in the 155 Building in the CBD. The local law firm of Adams & Adams recently relocated its practice from 66 W. Flagler to a full, 12,323-sf floor while Aethra, a locally based telecommunications provider, inked a new lease for 8,119 sf.

The aggregate value of the Aethra lease is in excess of $400,000, according to Bill Cutler, senior commercial associate at Coral Gables-based Abood Wood-Fay Real Estate Group. Cutler represented the owner, locally based Panther Management, in both lease negotiations.

The law firm’s lease value is undisclosed, but the Downtown average asking rental rate is $24.61 per sf, according to third-quarter data from the Miami office of CB Richard Ellis Inc. The 160,000-sf office building is located at 155 S. Miami Dr. and has an attached parking garage with a ratio of four vehicle spaces per 1,000 sf of leased office space.

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