--- title: "Comstock Forms JV With Peraton to Acquire Herndon Campus; Books $4.1M Fees, Invests $5M" type: "News" locale: "en" url: "https://longbridge.com/en/news/282523126.md" description: "Comstock has formed a joint venture with Peraton to acquire a 6.77-acre office campus in Herndon, Virginia, investing $5 million and recognizing $4.1 million in fees. The new entity, Woodland Holding Company, aims to develop a build-to-suit campus for Peraton. Additionally, Comstock and its partners established an 85/15 joint venture for the acquisition, while a short-term bridge loan was provided to expedite the closing. Comstock also secured asset and property management mandates for the project." datetime: "2026-04-13T10:03:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282523126.md) - [en](https://longbridge.com/en/news/282523126.md) - [zh-HK](https://longbridge.com/zh-HK/news/282523126.md) --- # Comstock Forms JV With Peraton to Acquire Herndon Campus; Books $4.1M Fees, Invests $5M Comstock advanced its Herndon, Virginia development by forming joint ventures and closing on a 6.77-acre office campus at 2200 Woodland Pointe Avenue. The company partnered with Peraton to establish Woodland Holding Company, invested $5.0 million, and recognized $4.1 million in acquisition and leasing fees at closing, with additional construction and development fees expected. Comstock and Comstock Partners also formed an 85/15 holding JV, while a Comstock affiliate supplied a short-term bridge loan to expedite closing ahead of third-party refinancing. Comstock secured asset and property management mandates for the campus, which will be developed as a build-to-suit for Peraton. **Agreement 1: Comstock Forms JV With Peraton to Acquire Herndon Campus; Books $4.1M Fees, Invests $5M** - **Agreement type**: Joint venture agreement to form Woodland Holding Company - **Counterparty**: Peraton - **Signed / Effective**: Apr 06 2026 / same - **Duration / Termination**: At will - **Reason**: Acquire and develop a build-to-suit office campus for Peraton **Agreement 2: Comstock and Comstock Partners Create 85/15 JV to Back Woodland Campus Acquisition** - **Agreement type**: Joint venture agreement to form Comstock Woodland JV Holding Company (85/15) - **Counterparty**: Comstock Partners - **Signed / Effective**: Apr 06 2026 / same - **Duration / Termination**: At will - **Reason**: Capitalize the acquisition and development of the Herndon campus **Agreement 3: Comstock Buys 2200 Woodland Pointe Avenue Campus via JV Under Oct. 31, 2025 Purchase Pact** - **Agreement type**: Purchase and sale agreement for 2200 Woodland Pointe Avenue office campus - **Counterparty**: Undisclosed seller - **Signed / Effective**: Oct 31 2025 / Apr 06 2026 - **Duration / Termination**: One-time - **Reason**: Secure site for Peraton build-to-suit campus **Agreement 4: Comstock Affiliate Provides Short-Term Bridge Loan; Refinance Targeted Within 60 Days** - **Agreement type**: Short-term bridge loan to Woodland Holding Company - **Counterparty**: Comstock Partners - **Signed / Effective**: Apr 06 2026 / same - **Duration / Termination**: Approximately 60 days (expected refinance) - **Reason**: Expedite closing ahead of third-party financing **Agreement 5: Comstock Secures Asset and Property Management Mandates for Woodland Campus** - **Agreement type**: Asset management and property management services agreements - **Counterparty**: Woodland Property Company - **Signed / Effective**: Apr 06 2026 / same - **Duration / Termination**: Project term - **Reason**: Generate fees while overseeing development and operations Original SEC Filing: Comstock Holding Companies, Inc. \[ CHCI \] - 8-K - Apr. 10, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [CHCI.US](https://longbridge.com/en/quote/CHCI.US.md) ## Related News & Research - [Comstock Forms JV With Benefit Street to Acquire 417-Unit Rockville Property; Invests $4.5M](https://longbridge.com/en/news/280187514.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [NextEra-Dominion Merger Likely Faces Lengthy Virginia Review, RBC Says](https://longbridge.com/en/news/286963829.md) - [Artivion Completes Acquisition of Endospan Ltd. | AORT Stock News](https://longbridge.com/en/news/286758893.md) - [08:42 ETOsteoStrong Expands in Virginia with New Location in Tysons, Virginia](https://longbridge.com/en/news/286419160.md)