LEED-certified assets had a 21.4% higher average market sales price per square foot over their non-LEED counterparts over the past three years.

The firm will occupy a stand-alone class-A office tower in the Brickell Financial District.

Vornado is also selling some retail properties at a loss.

This transaction is the culmination of a comprehensive strategic review process by Columbia's Board of Directors, publicly announced in the spring of this year