Comstock Opens Falls Grove Sales Center

  Comstock Opens Falls Grove Sales Center

      Classic Townhome Living in Manassas, VA with Access to VRT Station

Business Wire

WASHINGTON & RESTON, Va. -- July 2, 2013

Comstock Homes of Washington, LC, a wholly owned subsidiary of Comstock
Holding Companies, Inc. (NASDAQ: CHCI) announces the opening of Falls Grove,
conveniently located in Northern Prince William County just south of
Centreville, Virginia. The Falls Grove Sales Center, located at Route 28 and
Yorkshire Lane, is open daily from 11 am until 6 pm.

Comstock Opens Falls Grove Sales Center (Photo: Business Wire)

Comstock Opens Falls Grove Sales Center (Photo: Business Wire)

The Falls Grove community will include 110 townhomes and 19 single-family
homes. Sales have begun on the first phase of Falls Grove, 48 townhomes, with
pre-construction pricing from $269,900. The first deliveries are expected in
late 2013.

Each three-level townhome will include approximately 1,800 square feet of
finished living space and will have three bedrooms, three bathrooms,
well-appointed kitchens, a rear deck and a private fenced yard. The Townes at
Falls Grove are designed to provide gracious living spaces inside and out.

Falls Grove is located at the intersection of Route 28 and Yorkshire Lane just
four miles south of Route 66 and a short distance from the Virginia Rail
Express Station in Manassas, Virginia. With Centreville close by there is a
wide array of restaurants to choose from, a movie theatre complex and many
shops. Area amenities include the National Air & Space Museum at Dulles
Airport, the Sully Historic Site & Museum, and numerous parks and golf
courses.

For additional information please contact Frank Gstrein or Shirin Abadian at
571-392-5333 or visit http://www.comstockhomes.com/fallsgrove.php

About Comstock Holding Companies, Inc. & Comstock Homes

Comstock is a multi-faceted real estate development and services company,
which builds a wide range of housing products under its Comstock Homes brand
through its wholly owned subsidiary, Comstock Homes of Washington, LC. Our
substantial experience in building a diverse range of products including
apartments, single-family homes, townhouses, mid-rise condominiums, high-rise
condominiums and mixed-use (residential and commercial) developments has
positioned Comstock as a prominent real estate developer and homebuilder in
theWashington, D.C.metropolitan area. Comstock Holding Companies, Inc. is a
publicly traded company, trading on NASDAQ under the symbol CHCI. For more
information about Comstock or its projects please visit www.comstockhomes.com.

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Contact:

Comstock Holding Companies, Inc.
Joe Squeri, 703-230-1229
Chief Financial Officer
or
Investor Relations:
LHA
Harriet Fried/Jody Burfening
212-838-3777
hfried@lhai.com
 
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