CONSHOHOCKEN, Pa., Oct. 02, 2018 (GLOBE NEWSWIRE) -- JK Environmental Services ("JK" or the "Company"), a leading environmental consulting and services firm headquartered in the Philadelphia market, has changed its name to Comstock Environmental. The change comes approximately one year after JK was acquired by Comstock Holding Companies, Inc. ("Comstock"). Comstock is a publicly traded CHCI real estate development, asset management and real estate services firm located in the Washington DC metropolitan market. The name change reflects the commitment by Comstock to broaden the scope, breadth and geographic reach of the environmental services being offered by the Company.
"As real estate developers, we understand the critical nature of resolving environmental matters to the satisfaction of all interested parties. We believe that the rebranding of JK Environmental under the Comstock umbrella demonstrates to clients our understanding of the challenges real estate developers face in finding cost effective solutions to their environmental problems," said Chris Clemente, Chairman and CEO of Comstock. "We are excited about the growth opportunities in the environmental services market and are continuing to pursue additional acquisition opportunities in this segment."
Comstock Environmental
Comstock Environmental is an environmental engineering and consulting firm whose staff includes professional engineers, geologists, and environmental scientists. Operating in the mid-Atlantic, Comstock Environmental provides environmental due diligence, site characterization and remediation, industrial hygiene, New Jersey LSRP services, storage tank management, and waste management services. For more information about Comstock Environmental or its services, please visit www.comstockenvironmental.com.
About Comstock Holding Companies, Inc.
Comstock is a multi-faceted real estate development, asset management and real estate services company that, since 1985, has designed, developed, constructed and managed several thousand residential units and millions of square feet of residential and mixed-use projects throughout the Washington, DC metropolitan market and in other key markets in the southeastern United States. In early 2018, CHCI transitioned its operating platform from being primarily focused on developing on-balance sheet, for-sale, homebuilding projects to being focused on commercial real estate development, asset management and real estate related services. As a result, CHCI began operating through two real estate focused platforms, CDS Asset Management ("CAM") and Comstock Real Estate Services ("CRES"). CAM provides real estate development, asset management, and property management services, while CRES provides development supply chain services, including capital markets, real estate brokerage, environmental consulting and design services in the Washington, DC metropolitan area and in New Jersey and Pennsylvania. Anchoring the transition of CHCI is a long-term asset management agreement covering two of the largest transit-oriented, mixed-use developments in the Washington, DC area; Reston Station, a 3 million square foot transit-oriented, mixed-use development located in Reston, VA, and Loudoun Station, a 2.5 million square foot transit-oriented, mixed-use development in Ashburn, VA, as well as other additional development assets. Comstock's substantial experience in entitling, designing, developing, and managing a diverse range of properties including apartments, single-family homes, townhomes, mid-rise condominiums, high-rise condominiums and mixed-use (residential and commercial) properties, as well as large scale commercial parking garages and infrastructure projects, has positioned the Comstock organization as a premier developer and real estate related service provider in the mid-Atlantic Region. The Company is a publicly traded company, trading on NASDAQ under the symbol CHCI. For more information about CHCI or its businesses, please visit www.ComstockCompanies.com.
For more information, press only:
Kevin Rohrbach
610-365-1496
Krohrbach@comstockenvironmental.com
For more information on Product:
http://www.comstockenvironmental.com
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