Fannie Mae Considering Move To Reston: Report

RESTON, VA -- The Federal National Mortgage Association, more commonly known as Fannie Mae, is contemplating a huge move to Reston, according to a report.

The Washington Business Journal reports that the mortgage loan company is looking for an area covering about one million square feet to serve as its new headquarters, and they are considering Reston Station for the project.

Fannie Mae already leases some space in both Herndon and Reston, but this would obviously give them a much more significant presence in the area.

Fannie Mae is also reportedly considering Boston Properties' mixed-used development near the new Metro station.

Image via Fannie Mae