Fannie Mae Eyeing Large New Space in Reston

Fannie Mae's current Reston location/Credit: Fannie MaeFannie 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

South Lake Drive Park basketball court (courtesy of Fairfax County Park Authority) The Fairfax County Park Authority is seeking feedback from residents on proposed improvements to the basketball court at…

Earn top dollar with full benefits! When you join the Electrical Alliance, you get to contribute to the biggest projects in the area, all while earning top dollar and employer paid…

Written by Mina Lucks, Synergy Design & Construction While adopting sustainable changes may seem overwhelming at first, taking small and intentional steps in our interior environment is an easy way to…

Fairfax County Courthouse (staff photo by James Jarvis) An au pair linked to a fatal shooting last year in Herndon has been officially charged with murder. On Monday (April 15),…

×

Subscribe to our mailing list