ARLINGTON, VA- The State Teachers Retirement System of Ohio, which owns Ballston Station, a class A office building located at 4301 N. Fairfax Dr., has inked a lease with Management Sciences for Health to occupy 37,791 sf in the building. The building is 274,000 sf and is close to the Ballston Metro Station. Transwestern SVPs Alan Asman and Bernie McKeever represented the State Teachers Retirement System of Ohio, in the transaction. Transwestern did not return a call to in time for deadline.

This particular transaction was an expansion and lease renewal. However Arlington has been attracting a number of new tenants as the District grows more crowded and rental rates – especially for class A and trophy buildings – continue to rise. In particular, the federal government has been taking large chunks of space in this submarket. In May, the Department of Defense renewed a 235,983-sf lease with Bethesda-based Lerner Enterprises at a class B office building in Arlington. Earlier this year, the US Patent and Trademark Office signed a 10-year lease to occupy 168,468 sf at 2800 S. Randolph St. and the Social Security Administration renewed 334,103-sf at 511 Leesburg Pike, which is owned by Vornado.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.