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.
Fresh off its $50 billion merger with rival Discover, Capital One has turned to the Scotts Run neighborhood in Tysons as its next acquisition target, setting the stage for a possible expansion of its headquarters campus south of Route 123 (Dolley Madison Blvd).
Through an affiliate named Dolley Madison West LLC, the financial corporation spent $125 million between Feb. 24 and 26 to buy approximately 14.7 acres of land along a roughly half-mile stretch of Old Meadow Road and Chain Bridge Road, the Washington Business Journal reported.
A venture capital firm that focuses on national security and technology companies is bouncing from one growing Reston development to another.
Currently based at Reston Town Center, Razor’s Edge Ventures will relocate its headquarters to the Row at Reston Station after signing a lease for approximately 15,000 square feet of space, property owner Comstock Companies announced Wednesday (Feb. 11).
Fairfax County’s police training academy could someday be co-located with a data center.
A developer identified as SCG Global Holdings LLC has offered to purchase county-owned land in Chantilly that currently hosts several Fairfax County Police Department facilities in order to build a data center.
Fairfax County needs to take a more hands-on approach to helping owners repurpose aging commercial properties, one local government leader says.
“We know where they are. We have this information. Let’s identify the top 10, 15 opportunities and let’s go to them,” Board of Supervisors Chairman Jeff McKay said at an Economic Initiatives Committee meeting on Tuesday (Feb. 10).
An independent bookstore in Vienna will relocate within the next year after its owner purchased a building nearby.
After 10 years of leasing its current storefront at 110 Church Street NW, it was time to find a permanent home for Bards Alley Bookshop, owner Jennifer Morrow announced today (Wednesday).
A national apparel and textile distributor has leased approximately 95,600 square feet of warehouse space at the historic Robinson Terminal property in Springfield.
The transaction “stands as one of Northern Virginia’s largest industrial lease commitments this past year,” according to George Boosalis, principal broker of Boosalis Properties, which represented the tenant for the lease at 7201 Wimsatt Road.
Rose Hill Plaza’s future will include Safeway — at least for the immediate future.
Owner Combined Properties announced on Nov. 20 that the grocery chain has signed a lease extension keeping it at the shopping center in Rose Hill “for more than a decade to come.”
A longstanding movie theater in Centreville has changed hands, raising the prospect that it could be redeveloped in the future.
Finmarc Management, a commercial real estate firm based in Bethesda, Maryland, announced on Friday (Nov. 21) that it has acquired Cinemark Centreville (6201 Multiplex Drive) and Xscape Theatres (7710 Matapeake Business Drive) in Prince George’s County for a combined $15.1 million.
The Reston and Herndon business corridor was the standout for office leasing across Northern Virginia in the third quarter, according to new data.
While total leasing volume regionwide dipped 25.8% year-over-year, the Reston and Herndon area posted its best performance in three years and totaling about one-third of leasing activity in Northern Virginia as government contractors shrugged off economic challenges and looked toward higher defense spending, according to Savills Research & Data Services.
