Comstock Announces Tous Les Jours Opening in Reston Row with Fresh Baked Goods and Specialty Drinks

Comstock Holding Companies announced the opening of Tous Les Jours, a French-Asian bakery café, in Reston Station's second phase, The Row. The bakery offers over 300 unique items, including freshly baked goods, gourmet cakes, and specialty beverages. This marks the brand's latest expansion in the D.C. metropolitan area. Comstock's mixed-use and transit-oriented properties in the Washington, D.C. region include some of the largest and most prominent projects in the mid-Atlantic region.

Comstock Holding Companies, Inc. (CHCI) has announced the opening of Tous Les Jours, a French-Asian bakery café, in Reston Station's second phase, The Row. The bakery, located at 1800 Reston Row, offers a wide range of freshly baked goods, gourmet cakes, and specialty beverages, with over 300 unique items made fresh daily. This marks the brand's latest expansion in the D.C. metropolitan area [1].

The Row at Reston Station, the second phase of the 90-acre Reston Station development, blends high-quality office, residential, and retail spaces to create a vibrant, mixed-use, transit-oriented community. The new phase is set to feature Virginia's first JW Marriott Hotel and Residences, along with other high-profile assets [1].

Comstock's mixed-use and transit-oriented properties in the Washington, D.C. region include some of the largest and most prominent projects in the mid-Atlantic region. The company's managed portfolio comprises approximately 10 million square feet at full build-out, with a significant portion of its assets located at key Metro stations [1].

In addition to the bakery café, The Row at Reston Station will also include a VIDA Fitness and Spa flagship location, a luxury residential tower, and premium retail spaces. The development is expected to bring diverse offerings to market over the next several quarters, including high-demand office space and upscale dining establishments [1].

Comstock reported strong second-quarter earnings, with earnings per share of 14 cents, up from 9 cents in the prior-year quarter. Revenues rose 21% to $13 million, while net income increased 53% to $1.4 million. The company's expanding recurring, fee-based revenue streams and disciplined cost structure contributed to the earnings gains [2].

The company's debt-free balance sheet and strong cash flow position indicate a stable financial foundation for continued growth. Management expects to deliver Phase II of Reston Station in the third quarter, featuring high-profile assets such as a JW Marriott luxury hotel and condominiums, a luxury residential tower, trophy-class office buildings, and premium retail spaces [2].

The opening of Tous Les Jours in The Row at Reston Station is a significant milestone for Comstock, further solidifying its position as a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region.

References:
[1] https://www.stocktitan.net/news/CHCI/comstock-announces-opening-of-tous-les-jours-in-reston-qyo2h68kic59.html
[2] https://www.tradingview.com/news/zacks:426fc5be5094b:0-comstock-q2-earnings-surge-y-y-on-recurring-fee-growth/