Southeast

WASHINGTON, D.C. — CoStar has received LEED Platinum for Commercial Interiors (CI)certification for the remodel of its headquarters at 1331 L St. in Washington, D.C. Sustainable features of the building include exclusive use of fluorescent and LED light fixtures, Greenguard-certified workstations and offices, extensive water conservation measures, Smart Building System technology, a green roof garden, and electric car charging stations in the building’s garage. CoStar currently has one LEED Platinum CI office in Boston and two offices in Atlanta and San Diego pending Platinum CI certification. Six of its offices are maintained in LEED-Gold certified buildings.

DURHAM, N.C. — Mount Olive College, a small, private Christian college, has renewed its lease for 17,904 square feet at Central Park South, located at 5001 S. Miami Blvd. in Durham. Central Park South is part of a two-building office campus totaling 220,500 square feet. Mount Olive renewed its lease for seven years. Lee Clyburn of Avison Young represented the landlord, James Campbell Co., in the transaction. Gardner Gibson of David Moore Advisors represented the tenant.

ATLANTA — Colonial Properties Trust has sold Three Ravinia, an 814,000-square-foot Class A office asset in Atlanta, for $144.3 million. The property is 92.1 percent occupied. Colonial plans to use proceeds from the sale to repay a portion of its outstanding balance on the company's unsecured credit facility.