Booz Allen To Shrink Headquarters In Move Out Of Tysons
Comstock Cos. has landed one of the D.C. region's largest employers to anchor the two new office buildings at its Reston Station development.
Government contracting giant Booz Allen Hamilton signed a lease to move its headquarters to the entire building at 1870 Reston Row Plaza and multiple floors at neighboring 1800 Reston Row Plaza, the company announced Monday morning.
The announcement didn't include the square footage, but a Booz Allen spokesperson confirmed it leased 310K SF, a 27% reduction from the 428K SF headquarters it plans to vacate in Tysons, as the Washington Business Journal first reported.
"Our new headquarters will provide our people, partners, and customers with upgraded resources to build the technologies that support national missions while rightsizing our facilities footprint," Booz Allen Hamilton Chief Operating Officer Kristine Martin Anderson said in a release.
The Reston Station development, next to the Wiehle-Reston East station on the Silver Line, spans more than 5M SF of offices, apartments, retail and a new 247-room JW Marriott hotel that opened in September. Tenants at the development's previously delivered office buildings include Google, Rolls-Royce North America, ICF International and coworking provider Spaces.
Comstock Chief Operating Officer Tim Steffan said in a statement that the project "reflects the best of Northern Virginia’s economy, tech talent, and modern conveniences," adding the firm is "honored" to welcome Booz Allen.
The contracting firm plans to open the Reston office in 2027 and vacate its Tysons headquarters in 2028, it said in the release. The Tysons buildings at 8283 and 8285 Greensboro Drive, branded as EastBoro, are owned by The Meridian Group.
The firm chose to move to Reston rather than stay in Tysons, where another newly developed office building, the 24-story tower that TMG acquired in June from Fouler Pratt, remains fully vacant.
TMG Senior Vice President Katie Yanushonis, speaking on an Oct. 9 Bisnow event, indicated she knew the Reston deal was in the works and said it would eventually benefit TMG by taking its major competition for new office space off the market.
"And you look across Northern Virginia, if a large user — who I will not name — ends up signing their 300K SF lease in Reston, we effectively become the only game in town in the trophy market for 50K SF or over," she said. "So we know we're going to be the beneficiary of demand just by the fact that there's no one else in town."
