Comstock Announces Babel Street as Newest Tenant at Reston Station
10 5월 2023 - 1:08AM
Business Wire
Data Analytics and Intelligence Firm to
Relocate Offices to 1900 Reston Metro Plaza
Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a
leading asset manager, developer, and operator of mixed-use and
transit-oriented properties in the Washington, D.C. region,
announced today the signing of a 10,200 square foot lease agreement
with Babel Street, the world’s leading AI data-to-knowledge
company, for 1900 Reston Metro Plaza.
Office leasing at Reston Station accelerated in 2019, sparked by
the announcement of Google’s relocation of its regional HQ to the
development, which now covers more than 80 acres spanning the
Dulles Toll Road and surrounding the Wiehle-Reston East Metro
Station. With Phase II of development currently underway, the
rapidly expanding neighborhood is already home to the corporate and
regional headquarters of Google, ICF Global, Spotify, Qualtrics,
Rolls-Royce of North America, Kimley Horn, TransUnion, and
others.
“We are thrilled to welcome Babel Street to our roster of tech
and IT security office tenants at Reston Station,” said Timothy
Steffan, Chief Operating Officer for Comstock. “Having recently
signed several new retail and experiential brands including VIDA
Fitness, Puttshack, and Ebbitt House, the first ever expansion of
the iconic Old Ebbitt Grill in Washington, D.C., we continue
activating the Reston Station neighborhood to be a dynamic
mixed-used and transit-oriented neighborhood that provides exciting
dining, fitness, and entertainment options for our growing list of
corporate office tenants and residents alike.”
Babel Street provides advanced data analytics and intelligence
for government and commercial customers with an AI-enabled platform
that improves decision-making for threat intelligence and assesses
risk management. Babel Street is headquartered in the U.S. with
offices near Washington, D.C. and Boston and international offices
in Tokyo, Tel Aviv, London, Canberra, and Ottawa.
About Reston Station
Reston Station is among the largest mixed-use, transit-oriented
developments in the mid-Atlantic region. Covering 80 acres,
spanning the Dulles Toll Road, and surrounding the Wiehle-Reston
East Station on Metro's Silver Line, Reston Station is home to
multiple Trophy-Class and Class-A office buildings that serve as
national or regional headquarters for Google (Nasdaq: GOOGL), ICF
International (Nasdaq: ICFI), Spotify (NYSE: SPOT), Qualtrics
International (Nasdaq: XM), TransUnion (NYSE: TRU), Rolls-Royce of
America, and numerous other federal contractors. More than 2,000
residents already call Reston Station home, while approximately
3,000 additional residences are planned with 420 currently under
construction. Two hotels will provide multiple options for
visitors, including Virginia’s first JW Marriott Hotel and
Condominium Residences that is scheduled to open in 2025. Anchoring
the destination retail and entertainment spaces currently under
construction are a state-of-the-art 55,000 square foot flagship
VIDA Fitness and Spa facility, golf themed entertainment and dining
venue Puttshack, and Ebbitt House, the first expansion of the
iconic Old Ebbitt Grill brand. These new retail offerings will join
Founding Farmers, Davio’s Northern Italian Steakhouse, Starbucks,
and numerous other dining and convenience venues already at Reston
Station. For more information, please visit Comstock.com and
RestonStation.com.
About Comstock
Founded in 1985, Comstock is a leading asset manager, developer,
and operator of mixed-use and transit-oriented properties in the
Washington, D.C. region. With a managed portfolio comprising
approximately 10 million square feet at full build-out and includes
stabilized and development assets strategically located at key
Metro stations, Comstock is at the forefront of the urban
transformation taking place in the fastest growing segments of one
of the nation’s best real estate markets. Comstock’s developments
include some of the largest and most prominent mixed-use and
transit-oriented projects in the mid-Atlantic region, as well as
multiple large-scale public-private partnership developments. For
more information, please visit Comstock.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230509005979/en/
Comstock Media Contact Shanna Wilson
shanna.wilson@allisonpr.com 917-674-3096
Comstock Holding Companies (NASDAQ:CHCI)
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Comstock Holding Companies (NASDAQ:CHCI)
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