Comstock Holding Companies, Inc. Announces Strategic Acquisition and Investment in Woodland Pointe Campus

RESTON, Va., April 10, 2026 — Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading asset manager, developer, and operator of transit-oriented and mixed-use properties in the Washington, D.C. region, has announced a significant new investment and acquisition that is likely to be of high interest to shareholders and the broader investment community.

Key Highlights of the Announcement

• Acquisition of Woodland Pointe Campus: On April 6, 2026, Comstock completed the acquisition of a 6.77-acre office campus located at 2200 Woodland Pointe Avenue in Herndon, Virginia (the “Property”).
• Initial Investment: The Company made an initial investment of approximately \$5.0 million in connection with this acquisition, underscoring its ongoing commitment to expanding its portfolio of transit-oriented assets.
• Purchase and Sale Agreement: The acquisition was completed pursuant to a purchase and sale agreement originally dated October 31, 2025, and subsequently amended to reflect the final terms.
• Strategic Partnerships and Operating Structure: Comstock is serving as the operating partner of a group consisting of both affiliated and unaffiliated institutional co-investors. The Company will provide property management, construction management, and development services for the Property through its wholly owned subsidiaries, CHCI Col Management and CHCI Asset Management.
• Tenant and Leasing: The press release highlights that the campus has secured a full-campus lease with Peraton, a technology innovation leader, which will occupy the campus as a build-to-suit facility. This long-term lease provides immediate income stability and positions the campus as a cornerstone asset in Comstock’s growing portfolio.
• Potential for Future Value Creation: The Woodland Pointe acquisition is presented as part of Comstock’s Venture Platform, an initiative designed to pair the Company’s operational expertise with capital from institutional partners, further enhancing the scalability and reach of its urban and transit-oriented development strategy.

Details Shareholders Need to Know

• Price-Sensitive Information: The acquisition and immediate full-campus lease are material events that could significantly affect the Company’s financial performance, recurring revenue, and long-term valuation.
• Growth and Expansion: This investment is part of Comstock’s broader strategy to develop and operate approximately 10 million square feet of real estate at full build-out, including both stabilized and development assets strategically located at key Metro stations throughout the Washington, D.C. area.
• Reputation and Market Position: The successful execution of this transaction with high-profile institutional partners and a market-leading tenant further solidifies Comstock’s reputation as a premier developer and operator in the region.
• Disclosure and Transparency: The Company has indicated that it will file the full text of the operating agreements for the Woodland Holding Company and Comstock Woodland JV Holding Company as exhibits to its quarterly report on Form 10-Q for the period ending June 30, 2026, providing transparency for investors and analysts.
• Leadership: The report was signed by Christopher Clemente, Chairman and Chief Executive Officer, reaffirming the importance of this acquisition at the highest levels of the Company.

Implications for Shareholders and Potential Impact on Share Price

This acquisition and the concurrent long-term lease with Peraton are likely to be viewed positively by the market. The transaction immediately enhances Comstock’s income-producing asset base, reduces leasing risk, and demonstrates the Company’s ability to execute complex, high-value deals with institutional partners and blue-chip tenants. The news could serve as a catalyst for the Company’s share price, reflecting increased confidence in management’s growth strategy and operational execution.

Exhibits and Further Information

• Exhibit 99.1: The official press release dated April 10, 2026, is attached to the SEC filing, providing additional context and commentary from Company management.
• Further Details: Investors are encouraged to monitor the upcoming Form 10-Q for more detailed disclosures regarding the structure and financial impact of the Woodland Pointe transaction.

Contact

For further information, investors can contact Comstock’s public relations team at [email protected].

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions. The information contained herein is based on public filings and press releases as of the date indicated and may be subject to change without notice.

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