Software company Qualtrics International Inc. (NASDAQ: XM) has inked a lease for a new East Coast hub in Reston, where it plans to create 400 jobs over the next five years, more than doubling its local headcount.
On the heels of its $1.13 billion acquisition of Reston-based Clarabridge Inc., Qualtrics, which specializes in experience management products, will take 85,000 square feet across three floors at Reston Station’s 1906 Reston Metro Plaza, the third building Comstock Holdings Inc. (NASDAQ: CHCI) has developed at the Wiehle-Reston East Metro station.
The new office will open in the third quarter of 2022 with a major product innovation node where the company will be able to develop tools with artificial intelligence and machine learning, CEO Zig Serafin said. Qualtrics will get its own 5,400-square-foot outdoor patio in the space, Comstock said. The company is relocating from space at 1875 K St. NW in the District.
“With its strong talent pool, Virginia is a perfect place for…
Read the full story from the Washington Business Journal.