Comstock Welcomes CARFAX to Reston Station
06 Januar 2025 - 8:33PM
Business Wire
Automotive Information Hub to Join Reston’s
Premier Mixed-Use, Transit-Oriented Development
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 lease agreement with CARFAX (NYSE:
SPGI), at 1906 Reston Metro Plaza, part of the Reston Station
development. CARFAX will occupy approximately 87,000 square feet
across 3 floors in the building, further solidifying Reston Station
as a hub for prominent businesses and industry leaders.
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the full release here:
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CARFAX provides trusted information that helps millions of
people shop, buy, service and sell cars with more confidence. Known
for its comprehensive vehicle history database and groundbreaking
leadership in automotive information services, CARFAX continues to
lead the industry in delivering valuable insights and solutions to
consumers and businesses alike. CARFAX expects to complete the move
to this new space by the end of 2025.
“We are thrilled to announce the relocation of our corporate
headquarters to Reston Station. This move marks a pivotal moment in
our company's journey, providing us with a dynamic space that will
serve as the foundation for our next phase of growth,” said Bill
Eager, CEO of CARFAX. “This move underscores our commitment to
provide a collaborative work environment so Team CARFAX can create
innovative, new products that meet the needs of millions of
consumers.”
Reston Station is among the largest mixed-use developments in
the mid-Atlantic region, spanning 90 acres around the Wiehle-Reston
East Station on Metro’s Silver Line. It features Trophy-Class
office buildings that serve as national or regional headquarters
for Google, ICF International, Spotify, and more. Reston Station is
currently home to more than 2,000 residents and includes a diverse
array of premier dining and retail options. The development is
scheduled to expand rapidly this year, including the delivery of
over 500 new residential units, exciting new dining and
entertainment offerings, and Virginia’s first JW Marriott Hotel
& Residences. For more information, please visit
RestonStation.com.
“We’re excited to welcome CARFAX to Reston Station,” said
Timothy Steffan, Chief Operating Officer of Comstock. “The addition
of a dynamic technology company like CARFAX to our growing roster
of industry leaders further cements Reston Station as a hub for
innovation and business in the Washington, D.C. region. We’re proud
to have met CARFAX’s needs for an in-office workforce and look
forward to welcoming their team later this year. This partnership
reinforces Reston Station’s reputation as the premier destination
for corporate headquarters, offering a collaborative environment,
top-tier amenities that include diverse dining, entertainment,
retail, and housing options, all with direct Metro access in the
heart of the neighborhood.”
About CARFAX
CARFAX, part of S&P Global Mobility, helps millions of
people every day confidently shop, buy, service and sell used cars
with innovative solutions powered by CARFAX® vehicle history
information. The expert in vehicle history since 1984, CARFAX
provides CARFAX Car Listings, CARFAX Car Care, CARFAX History-Based
Value and the flagship CARFAX Vehicle History Report to consumers
and the automotive industry. CARFAX owns the world’s largest
vehicle history database and is nationally recognized as a top
workplace by The Washington Post. Shop, Buy, Service, Sell – Show
me the CARFAX®. S&P Global Mobility is a division of S&P
Global (NYSE: SPGI). S&P Global is the world’s foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive
markets.
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
including 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/20250106366537/en/
Comstock: publicrelations@comstock.com CARFAX:
PublicRelations@carfax.com or emnguyen@carfax.com
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