Comstock Holding Companies, Inc. announced on April 10, 2026 that it has acquired Woodland Pointe, a 6.77‑acre office campus at 2200 Woodland Pointe Avenue in Herndon, Virginia. The property includes a 185,000‑square‑foot, Class A LEED Gold‑certified tower and a parking garage, adding a high‑quality asset to Comstock’s portfolio in the Dulles Technology Corridor.
The acquisition is paired with a full‑campus lease agreement with Peraton, a leading next‑generation technology and national security company. Peraton will occupy the existing tower and a new 100,000‑square‑foot build‑to‑suit office building that will be constructed on the campus, bringing the total leased space to roughly 300,000 sq ft. The lease is intended to support Peraton’s expanding operations in the region, although the financial terms, lease duration, and construction timeline were not disclosed.
Comstock’s Institutional Venture Platform, which combines operational expertise with capital from institutional partners, underpins the transaction. The platform allows Comstock to acquire and manage assets while maintaining an asset‑light, fee‑based model that generates stable, recurring revenue. The Woodland Pointe deal expands Comstock’s presence in a high‑growth technology corridor and secures a long‑term tenant that aligns with the firm’s strategic focus.
Comstock’s recent financial performance underscores the significance of the acquisition. In Q4 2025, the company reported revenue of $23.9 million, up 42% year‑over‑year, with net income of $13.5 million and Adjusted EBITDA of $8.1 million. For the full year 2025, revenue reached $62.9 million, a 23% increase, net income was $17.1 million, and Adjusted EBITDA was $13.4 million. These results demonstrate the company’s strong growth trajectory and support its ability to pursue additional acquisitions.
Peraton’s move to Woodland Pointe follows its consolidation of operations from its former North American headquarters at the site, which previously housed Volkswagen. Peraton, headquartered in Reston, Virginia, is expanding its regional footprint and will use the new campus to consolidate its Fairfax County presence. The lease arrangement reflects Peraton’s broader strategy of scaling its national security and technology services amid growing demand for secure, high‑performance facilities.
Tim Steffan, Chief Operating Officer of Comstock, said, “Woodland Pointe represents yet another high‑quality, strategically located asset that defines what we do at Comstock. As organizations increasingly prioritize high quality environments that meet the demands of mission‑critical work, we are well‑positioned to meet those needs with the assets and development capabilities that few others can match. 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.”
The transaction aligns with the broader flight‑to‑quality trend in commercial real estate, where defense and technology firms seek premium, purpose‑built environments. By securing a long‑term tenant in a prime corridor, Comstock strengthens its portfolio, enhances cash‑flow stability, and positions itself to capture further growth opportunities in the technology and national security sectors.
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