{"id":956641,"date":"2026-04-30T09:04:20","date_gmt":"2026-04-30T13:04:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/comstock-to-assume-management-of-dulles-town-center-mall\/"},"modified":"2026-04-30T09:04:20","modified_gmt":"2026-04-30T13:04:20","slug":"comstock-to-assume-management-of-dulles-town-center-mall","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/comstock-to-assume-management-of-dulles-town-center-mall\/","title":{"rendered":"Comstock to Assume Management of Dulles Town Center Mall"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Comstock to Assume Management of Dulles Town Center Mall<\/b><\/p>\n<p class=\"bwalignc\"><i>Management team\u2019s extensive experience leasing and managing regional malls throughout the United States will create enduring value for retail tenants and shoppers<\/i><\/p>\n<p>RESTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nComstock Holding Companies, Inc. (Nasdaq: CHCI) (\u201cComstock\u201d or the &#8220;Company&#8221;), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced that it will assume management of Dulles Town Center, a 1.4 million-square-foot regional shopping mall located in Dulles, Virginia, effective May 1, 2026.<\/p>\n<p>\nDulles Town Center is Loudoun County\u2019s largest and only fully enclosed regional mall and is located by two of the wealthiest counties in America. Comstock&#8217;s extensive experience with planning, developing, and operating of multiple large-scale, mixed-use projects, including some of the largest in Northern Virginia, will bring Dulles Town Center an operating platform with a track record of strategic asset management and extraordinary customer service. The Company&#8217;s proven ability to align operations, leasing strategy, and strategic capital planning will further enhance Dulles Town Center&#8217;s market position and create enduring value for retail tenants and shoppers alike.<\/p>\n<p>\n\u201cAs an established two-level, super-regional mall with a strong mix of retail and entertainment tenants, Dulles Town Center plays an important role in serving the surrounding community,\u201d said Srinivas Chavali, President &amp; CEO of Virginia Investment Properties, LLC, which owns Dulles Town Center. \u201cRecent additions like Bowling &amp; Billiards, SkyZone, Cloudbound, Virginia Sports Academy, DTC Expo Center, Bourbon Blvd Steakhouse, and American Ninja &amp; Parkour continue to enhance its role as a dynamic regional destination.\u201d<\/p>\n<p>\nComstock will be responsible for the day-to-day operation of the property, including property management, leasing, tenant relations, coordination of on-site activities and vendors, and marketing oversight. The Company will also provide strategic asset direction services to property ownership, which includes the evaluation of re-development options that could increase overall utilization of the land where Dulles Town Center is situated.<\/p>\n<p>\n\u201cWith 200+ years of combined regional mall leasing and operating experience, the Comstock team will deliver the same disciplined, hands-on management approach that we utilize on all our managed assets, including a focus on operational excellence, tenant engagement, and long-term value creation,\u201d said Chris Facas, Comstock\u2019s Senior Managing Director of Asset Management.<\/p>\n<p>\nAs management transitions, Comstock will work closely with existing retail tenants and partners to ensure continuity of operations and a smooth handoff. Future initiatives will be evaluated with a focus on enhancing the tenant mix, maintaining the property to high standards, and reinforcing Dulles Town Center\u2019s position as a valued shopping, dining, and entertainment destination.<\/p>\n<p>\n\u201cThe addition of regional mall leasing and management services to our growing list of service offerings strengthens Comstock&#8217;s vertically integrated owner-operator platform by creating new opportunities to further diversify our fee-based revenue sources,&#8221; said Tim Steffan, Comstock\u2019s Chief Operating Officer. &#8220;Our team\u2019s unparalleled placemaking resume and proven ability to successfully navigate complex mixed-use and retail environments will provide exceptional experiences for consumers while enhancing results for all stakeholders.\u201d<\/p>\n<p><b>About Comstock<\/b><\/p>\n<p>\nFounded in 1985, Comstock is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. With a managed portfolio comprising approximately 10 million square feet including stabilized and development assets strategically located at key Metro stations, Comstock is at the forefront of the urban transformation taking place in the fastest-growing segments of one of the nation\u2019s best real estate markets. Comstock\u2019s developments include some of the largest and most prominent mixed-use and transit-oriented projects in the Mid-Atlantic region, as well as multiple large-scale public-private partnership developments. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcomstock.com%2F&amp;esheet=54525947&amp;newsitemid=20260430752248&amp;lan=en-US&amp;anchor=Comstock.com&amp;index=1&amp;md5=354c50eb7af6f35e9c3e3030412ae572\">Comstock.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260430752248r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260430752248\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260430752248\/en\/<\/a><\/span><\/p>\n<p><a rel=\"nofollow\" href=\"mailto:publicrelations@comstock.com\">publicrelations@comstock.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Retail Department Stores Public Transport Other Construction &amp; Property Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property Other Transport Retail Urban Planning Building Systems Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260430752248\/en\/2753415\/3\/CHCI_400x400_v2.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Comstock to Assume Management of Dulles Town Center Mall Management team\u2019s extensive experience leasing and managing regional malls throughout the United States will create enduring value for retail tenants and shoppers RESTON, Va.&#8211;(BUSINESS WIRE)&#8211; Comstock Holding Companies, Inc. (Nasdaq: CHCI) (\u201cComstock\u201d or the &#8220;Company&#8221;), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced that it will assume management of Dulles Town Center, a 1.4 million-square-foot regional shopping mall located in Dulles, Virginia, effective May 1, 2026. Dulles Town Center is Loudoun County\u2019s largest and only fully enclosed regional mall and is located by two of the wealthiest counties in America. Comstock&#8217;s extensive experience with planning, developing, and operating of multiple &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/comstock-to-assume-management-of-dulles-town-center-mall\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Comstock to Assume Management of Dulles Town Center Mall&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-956641","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Comstock to Assume Management of Dulles Town Center Mall - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/comstock-to-assume-management-of-dulles-town-center-mall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comstock to Assume Management of Dulles Town Center Mall - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Comstock to Assume Management of Dulles Town Center Mall Management team\u2019s extensive experience leasing and managing regional malls throughout the United States will create enduring value for retail tenants and shoppers RESTON, Va.&#8211;(BUSINESS WIRE)&#8211; Comstock Holding Companies, Inc. (Nasdaq: CHCI) (\u201cComstock\u201d or the &#8220;Company&#8221;), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, today announced that it will assume management of Dulles Town Center, a 1.4 million-square-foot regional shopping mall located in Dulles, Virginia, effective May 1, 2026. Dulles Town Center is Loudoun County\u2019s largest and only fully enclosed regional mall and is located by two of the wealthiest counties in America. 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