Comstock Announces Grand Opening of Invigue at Loudoun Station

Rhea-AI Summary

Comstock Holding Companies (Nasdaq: CHCI) announced the grand opening of Invigue, a luxury medical spa at Loudoun Station. The 3,721-square-foot facility, located at 43777 Central Station Drive, will offer services including injectables, laser treatments, skincare, and wellness services. The grand opening and ribbon-cutting event is scheduled for November 14, 2024, featuring prizes, treatment discounts, and facility tours. Dr. Sandra Owoyemi will lead as Director of Medical Aesthetics and Wellness, focusing on personalized care and natural-looking results.

Positive

• Addition of new tenant expanding Loudoun Station's commercial portfolio
• Leasing of 3,721 square feet of retail space

Negative

• None.

Insights

Commercial Real Estate Analyst

The addition of Invigue to Loudoun Station represents a strategic tenant acquisition for Comstock's mixed-use development portfolio. The 3,721-square-foot luxury medical spa will help diversify the tenant mix and potentially increase foot traffic to the property. High-end wellness facilities typically attract affluent clientele, which could benefit neighboring retail tenants and potentially support property values.

Located at Loudoun County's first Metro-connected development, this lease signing demonstrates Comstock's ability to attract premium tenants to their transit-oriented properties. The medical aesthetics industry has shown resilience and growth, making this tenant addition a relatively stable revenue source. However, the immediate financial impact on CHCI's overall performance will be modest given the company's $97.9 million market cap and the relatively small lease size.

Welcoming the premier provider of luxury medical aesthetics & wellness

RESTON, Va.--(BUSINESS WIRE)-- Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today the grand opening of Invigue, a new luxury medical spa located in Loudoun Station at 43777 Central Station Drive. The grand opening and ribbon-cutting event will take place on Thursday, November 14, 2024, from 3 PM to 7 PM.

Invigue delivers a premier wellness and rejuvenation experience in a luxurious, state-of-the-art setting with personalized, minimally invasive treatments. This new 3,721-square-foot facility is designed to provide clients with a range of services, including injectables, laser treatments, skincare, and wellness services, all focused on delivering natural-looking results.

“At Invigue Medical Aesthetics and Wellness, we are committed to enhancing our patients’ confidence and well-being through personalized, high-quality care,” said Dr. Sandra Owoyemi, Director of Medical Aesthetics and Wellness at Invigue. “Our holistic approach combines aesthetic treatments like injectables, skin rejuvenation, IV therapy, and medical weight loss, all with a focus on long lasting results that make our patients feel their best.”

The grand opening and ribbon-cutting event on Thursday, November 14^th, will include grand prizes, exclusive treatment discounts, complimentary food and drinks, and more. Attendees will have the opportunity to tour the new facility and learn about Invigue's range of advanced medical aesthetic treatments. Guests are encouraged to RSVP at info@invigue.com.

“We are thrilled to welcome Invigue to Loudoun Station,” said Tim Steffan, Chief Operating Officer of Comstock. “As Loudoun County’s first Metro-connected development, Loudoun Station continues to attract high-quality businesses that enrich the community and provide exceptional experiences to residents and visitors alike.”

About Loudoun Station

Located adjacent to Metro’s Ashburn Station on the Silver Line, Loudoun Station is Loudoun County’s first and only Metro-connected development. With more than 1 million square feet of mixed-use development completed and an additional 1.5 million square feet planned, Loudoun Station represents the beginning of Loudoun County’s transformation into a transit-oriented community with direct rail connectivity to Dulles International Airport, Reston, Tysons Corner, and downtown Washington, D.C. At full build, the Loudoun Station development will cover nearly 50 acres and include hundreds of apartment residences, retail, restaurants, entertainment venues, Class-A office space, and a 1,500+ space commuter parking garage. For more information, please visit Comstock.com and LoudounStation.com.

About Comstock

Founded 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 of stabilized, in-development, and planned developments 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’s best real estate markets. Comstock’s 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 Comstock.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241111021204/en/

publicrelations@comstock.com

Source: Comstock Holding Companies, Inc.

FAQ

When is Invigue's grand opening at Loudoun Station (CHCI)?

Invigue's grand opening and ribbon-cutting event at Loudoun Station is scheduled for Thursday, November 14, 2024, from 3 PM to 7 PM.

How large is the new Invigue facility at Comstock's Loudoun Station (CHCI)?

The new Invigue facility at Loudoun Station occupies 3,721 square feet of space.

What services will Invigue offer at Comstock's Loudoun Station (CHCI)?

Invigue will offer injectables, laser treatments, skincare, wellness services, IV therapy, and medical weight loss treatments.