Fannie Mae is reportedly seeking a large amount of office space in Reston.
The mortgage giant, which recently made a deal to leave its upper Northwest D.C. location to build an new building at 1150 15th St., longtime site of The Washington Post headquarters.
Meanwhile, The Washington Business Journal reports that Fannie Mae is also planning to lease about 180,000 square feet at an undisclosed location in Reston to support a new commercialization platform it is developing in collaboration with Freddie Mac.
Fannie already owns and leases space at 11600 American Dream Way in Reston, as well as in Herndon, but company spokesman Andrew Wilson told WBJ it has maxed out its space in Reston and needs to expand to roll out the new platform for the mortgage industry.
Fannie Mae occupies nearly 1.5 million square feet of owned and leased space in the region, including a lease set to expire next year at Monument IV at Worldgate in Herndon.
Fannie plans to combine its operations there into the new space, which Fannie has identified says it cannot disclose yet.
Photo: Current Fannie Mae Reston space near Plaza America/file photo
Recent Stories
W&OD Trail in Herndon (staff photo by James Jarvis) The Washington & Old Dominion (W&OD) Trail has reached the half-century mark. The Northern Virginia Regional Park Authority (NOVA Parks) is…
Left to right: Fairfax Alliance for Better Bicycling President Bruce Wright, Hunter Mill District Supervisor Walter Alcorn and Reston Bike Club Vice Chairman Joel Kuester team up to promote the…
Heming, a mixed-use apartment building in Tysons, at sunset (staff photo by Angela Woolsey) FCPS Prevails in Sexual Assault Lawsuit — “A jury on Wednesday rejected a woman’s lawsuit seeking…
The Fairfax County Board of Supervisors faces tough decisions ahead of next week’s budget markup session, following demands from local unions to increase county employees’ wages.Last week, dozens of county…
