Christopher Clemente Of Comstock Holding Companies Acquires Office In Herndon For $40.2M
2200 Woodland Pointe Avenue
$40,200,000
$217/SF
Building Size
185,000 SF
Asset Type
Office
Closing
Apr 21, 2026
About this deal
AI
A 185,000-square-foot office building located at 2200 Woodland Pointe Avenue in Herndon, Virginia was sold for $40,200,000. The transaction involved Comstock Holding Companies acquiring the asset from Union Investment Real Estate GmbH Corp.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $40,200,000
- Sale Date: 04/21/2026
- Buyer: Christopher Clemente - Comstock Holding Companies
- Seller: Union Investment Real Estate GmbH Corp
- Square Footage: 185,000
- Price per Square Foot: $217
This acquisition signifies Comstock Holding Companies' continued expansion in the office market, with Christopher Clemente representing the buyer in this transaction. The seller, Union Investment Real Estate GmbH Corp, has divested a significant asset from their portfolio in Herndon, Virginia.
On the Map
$40,200,000
$217/SF
Office
View full map
Players
Herndon Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Christopher Clemente to view all their deals.
Browse Herndon office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93