Comstock Companies is adding another office campus to its extensive collection of properties in the Silver Line corridor.
The developer, which both built and is based in Reston Station, announced last Friday (April 10) that it has acquired Woodland Pointe, a 6.77-acre office complex in the McNair area of Herndon just south of the Dulles Toll Road.
Once the North American headquarters for Volkswagen, the site at 2200 Woodland Pointe Avenue currently consists of a single six-story office building constructed in 2008, but it’s in the process of expanding after national security contractor Peraton received Fairfax County’s approval last year for a new two-story building.
While it currently has a corporate headquarters at Reston Town Center, Peraton indicated when proposing the new office building that it intends to consolidate operations in Northern Virginia at the Herndon campus, which is expected to host approximately 550 to 600 workers.
Peraton’s original deal for Woodland Pointe was with the property’s previous owner, Union Investment Real Estate, but Comstock has already secured multiple leases with the contractor, allowing it to occupy the full campus.
According to a Comstock press release:
The leases cover both the existing office building, which was the former North American headquarters of Volkswagen and is currently a Peraton lease location, as well as a new 100,000-square foot, build-to-suit office building that will be developed on the Woodland Point campus. Upon completion, Peraton will fully occupy both structures in the near 300,000-square foot campus to support its growing business operations.
Peraton didn’t immediately respond to a request for comment on when it anticipates moving into the expanded campus. Construction staging for the new building, which is replacing a four-level parking garage, got underway earlier this year.
As of press time, Comstock’s acquisition of Woodland Pointe hasn’t been noted in Fairfax County’s property records, so the price of the transaction is unclear. However, the county valued the site for the 2026 tax year at $38 million — a nearly fourfold increase over last year’s $10.6 million assessment.
“Woodland Pointe represents yet another high-quality, strategically located asset that defines what we do at Comstock,” Comstock Chief Operating Officer Tim Steffan said in the press release. “… Partnering with Peraton to deliver a consolidated, purpose-built campus in the heart of the Dulles Corridor is a tremendous reflection of our ability to deliver on the ongoing flight-to-quality trend that has become pervasive in this market.”
