Comstock Secures FM Global Lease at Reston Station

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Very Positive)

Tags

02/07/2025 - 09:15 AM

Commercial Property Insurance Leader Coming to 1906 Reston Metro Plaza

RESTON, Va.--(BUSINESS WIRE)-- 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 new 32,000-square-foot office lease at 1906 Reston Metro Plaza in Reston Station with FM Global, an international commercial property insurance and loss prevention company.

FM Global is one of the world’s largest and most experienced commercial property insurers, serving businesses in over 130 countries that span across a variety of industries. With an innovative approach to risk management that is centered on engineering and technology, FM Global delivers customized, cutting-edge insurance solutions to help each of its clients create long-term resilience and keep their businesses growing.

The addition of FM Global enhances Reston Station’s impressive roster of commercial tenants that already includes well-respected industry leaders in technology, consulting, and now risk management. The diverse mix of forward-thinking companies with offices at Reston Station reinforces its reputation as a hub for innovation in the region.

“We are proud to have FM Global join the Reston Station community,” said Tim Steffan, Chief Operating Officer at Comstock. “They bring unparalleled expertise and a long-standing reputation as a pioneer in their industry, which fits in perfectly with the growing list of world-class organizations that call Reston Station home.”

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.

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.