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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 GlobeSt.com 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.

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