Comstock Update 07/12/23

Comstock Announces Seerist, Inc. Lease

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 8,395 square foot lease agreement with Seerist, Inc. ("Seerist"), the leading risk and threat monitoring solution for security and intelligence professionals, at 11440 Commerce Park Drive, located in the Commerce District of Reston Station.

Seerist provides a software platform to global corporations, governments, and organizations to help them forecast potential events that could disrupt their operations. The solution delivers greater levels of accuracy and relevance than any alternative technology by combining cutting-edge artificial intelligence and machine learning technology, parsing millions of data points with expert human analysis and verification.

“Seerist is growing rapidly and to accommodate that growth, we needed to identify a larger space for our global headquarters,” said Jim Brooks, CEO at Seerist. “The Reston Station location offers us the opportunity to create a great working space for our people that’s easily accessible from around the greater Washington, D.C. area, but also provides a destination location for clients and prospects to explore the capabilities of Seerist.”

The Seerist lease signing further bolsters the already impressive roster of corporations to establish headquarters at Reston Station, which surrounds the Wiehle-Reston East station on Metro’s Silver Line and is among the largest mixed-use developments in the mid-Atlantic region. Seerist represents the third new tenant to join the Commerce District thus far in 2023 and is the fifth new tenant to join Comstock’s Reston Station neighborhood this year.

“We are delighted to welcome Seerist, Inc, to the Reston Station community,” said Tim Steffan, Chief Operating Officer for Comstock. “As we continue to build out the Commerce District at Reston Station, we look forward to offering a positive and amenity-rich community for all our tenants to come to work every day.”

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