RESTON, Va. - Comstock Holding Companies, Inc. (NASDAQ:CHCI), a profitable real estate management firm with $51.29 million in revenue and strong financial health according to InvestingPro analysis, has announced its continued collaboration with the Dulles Greenway to host the 5th annual Run The Greenway event on May 4, 2025. The event is designed to support over 15 local non-profits while fostering community engagement and promoting wellness.
Run The Greenway offers participants a unique opportunity to experience the Dulles Greenway without vehicles, as it becomes a track for timed 5K and 10K races, a Kids Fun Run, and a virtual race alternative. The event will direct all fundraising proceeds to the participating charity organizations.
Terry Hoffman, Public & Customer Affairs Manager for the Dulles Greenway, expressed excitement about the ongoing partnership with Comstock, highlighting the event’s aim to combine community building with physical activity. The event will also feature a Star Wars theme, "May the Fourth Be With You," for the second year in a row, adding a fun cultural twist to the day’s activities.
Tracy Schar, Chief Marketing Officer at Comstock, reiterated the company’s commitment to community strengthening through events like Run The Greenway, which aligns with their vision of creating thriving community spaces.
The Dulles Greenway is a privately-owned toll road integral to transportation in Loudoun County, Virginia, emphasizing safety, efficiency, and environmental responsibility. Comstock, established in 1985, manages a portfolio of approximately 10 million square feet and is recognized for its significant mixed-use and transit-oriented developments in the region. The company’s strong financial position is reflected in its exceptional current ratio of 5.52 and return on assets of 25.36%. InvestingPro analysis indicates the stock is currently trading below its Fair Value, suggesting potential upside opportunity.
Registration for the event is open, and those interested can find more information on the Run The Greenway website. This press release statement serves as the source for the details provided. For deeper insights into CHCI’s financial metrics and 12 additional ProTips, visit InvestingPro.
In other recent news, Comstock Holding Companies, Inc. has announced two significant developments in the Washington, D.C. area. The company has signed a lease with KPUB, a Korean-Irish fusion restaurant and bar, which will occupy 6,600 square feet within the BLVD Ansel complex in Rockville, Maryland. This addition is expected to enhance the dining and entertainment options available to the local community, aligning with Comstock’s strategy of creating vibrant, transit-oriented communities. In another development, Comstock has secured a new office lease with FM Global, a leader in commercial property insurance, at Reston Station. FM Global will occupy a 32,000-square-foot space, joining an array of tenants in this expansive mixed-use development. Reston Station, centered around the Wiehle-Reston East Station on the Metro Silver Line, is recognized for its innovative atmosphere and houses companies like Google and Spotify. These recent developments highlight Comstock’s ongoing efforts to transform urban spaces with diverse amenities and strategic partnerships.
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