Comstock Announces Babel Street as Newest Tenant at Reston Station

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 10,200 square foot lease agreement with Babel Street, the world’s leading AI data-to-knowledge company, for 1900 Reston Metro Plaza.

Office leasing at Reston Station accelerated in 2019, sparked by the announcement of Google’s relocation of its regional HQ to the development, which now covers more than 80 acres spanning the Dulles Toll Road and surrounding the Wiehle-Reston East Metro Station. With Phase II of development currently underway, the rapidly expanding neighborhood is already home to the corporate and regional headquarters of Google, ICF Global, Spotify, Qualtrics, Rolls-Royce of North America, Kimley Horn, TransUnion, and others.

“We are thrilled to welcome Babel Street to our roster of tech and IT security office tenants at Reston Station,” said Timothy Steffan, Chief Operating Officer for Comstock. “Having recently signed several new retail and experiential brands including VIDA Fitness, Puttshack, and Ebbitt House, the first ever expansion of the iconic Old Ebbitt Grill in Washington, D.C., we continue activating the Reston Station neighborhood to be a dynamic mixed-used and transit-oriented neighborhood that provides exciting dining, fitness, and entertainment options for our growing list of corporate office tenants and residents alike.”

Babel Street provides advanced data analytics and intelligence for government and commercial customers with an AI-enabled platform that improves decision-making for threat intelligence and assesses risk management. Babel Street is headquartered in the U.S. with offices near Washington, D.C. and Boston and international offices in Tokyo, Tel Aviv, London, Canberra, and Ottawa.

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