Business
Comstock Leases More Than 500,000 Sq. Ft. of Office Space at Reston Station in 2019
Dulles Corridor’s Largest New Development Attracting Global Brands, Big Tech and Consulting Firms RESTON, Va., Dec. 23, 2019 (GLOBE NEWSWIRE) -- During 2019,
About this update from Comstock Holding Companies, Inc.
[{"type":"text","content":"Dulles Corridor’s Largest New Development Attracting Global Brands, Big Tech and Consulting Firms\nRESTON, Va., Dec. 23, 2019 (GLOBE NEWSWIRE) -- During 2019, Comstock Holding Companies, Inc., (“Comstock”) (NASDAQ: CHCI) has announced the signing of more than 500,000 Sq. Ft. of new office leases in the Reston Station development, which covers nearly 40 acres surrounding the Wiehle-Reston East Station on Metro’s Silver Line, and is part of the anchor portfolio of managed assets being developed by Comstock in the Dulles Corridor.\n In April 2019, the company announced Google (165,000 Sq. Ft.) as an anchor tenant at 1900 Reston Metro Plaza; followed by a flurry of leasing activity to include announcements from global information services company, Neustar, (100,000 sq. ft. at 1906 Reston Metro Plaza); and leading industrial technology company, Rolls-Royce North America (18,000 Sq. Ft. at 1900 Reston Metro Plaza). In October, Comstock announced that global consulting and digital services firm, ICF, has signed a lease covering more than 200,000 Sq Ft and will occupy the entire building currently being constructed at 1902 Reston Metro Plaza, while Certipath leased 7,500 Sq. Ft., at 1900 Reston Metro Plaza. Most recently, Solar Winds signed a lease covering 16,349 Sq. Ft. at 1900 Reston Metro Plaza. The first new office lease completed at Reston Station, covering approximately 52,000 Sq. Ft. was completed in 2018 with Spaces by Regus, also in 1900 Reston Metro Plaza. While much of the leasing activity has been focused on the three new Trophy-Class buildings Comstock is developing on Reston Metro Plaza, Comstock has also completed leases in its existing buildings in the Reston Station neighborhood, including leases with British Telecom, Kimley Horn, and CACI. Comstock has also attracted numerous retail and dining establishments to the Reston Station neighborhood, including Starbucks, Founding Farmers, SweetLeaf, Big Buns Burgers, matchbox, and child-care operator; Bright Horizons. With a growing mix of restaurants, fast casual dining establishments, and service-oriented retailers including; CVS, Wells Fargo, M&T Bank, and Nordine Salon, Comstock is creating an amenity-rich neighborhood that will serve the growing residential and office tenant base, thousands of daily commuters, and the entire Reston community. The Wiehle Reston-East Stat...