February 27, 2026
WASHINGTON – Transwestern announces its Mid-Atlantic Agency Leasing team has leased up 500 New Jersey Ave, a Class A, 102,985-square-foot office building in Capitol Hill. Transwestern Senior Vice President Scott Fetterolf and Executive Vice President Joe Michel provide exclusive leasing services to the owner, the National Association of REALTORS®.
“The National Association of REALTORS’ commitment to delivering a high-quality tenant experience centered on innovation and wellness has driven exceptional lease momentum over the past 24 months,” said Fetterolf, a Senior Vice President at Transwestern. “The property’s high performance solidifies its status as a one-of-a-kind office environment.”
Renovated in 2025, 500 New Jersey Avenue is a fully amenitized property in a prime neighborhood with excellent accessibility. The building features a modern conference center with flexible meeting spaces equipped with smart technology, a catering pantry, and a lounge area. The rooftop terrace includes a media center and expansive views of the U.S. Capitol and the Washington Monument. A renovated lobby with abundant natural light will be completed this summer.
Alongside a fitness center, the LEED-certified property introduces the WELL stair. Designed to encourage physical activity through the stairwell, the WELL stair features hand-painted murals by local artisans, nature-sounding audio effects, and nature-themed trivia narrations at each level.
500 New Jersey Avenue is ideally situated in the Capitol Hill submarket, just a 2-minute walk from Union Station, and offers a wide range of restaurants and local amenities. In addition, the building provides direct access to legislative office buildings and government agencies.
An image of the property is available for download here.
About Transwestern
Transwestern is a preeminent, vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. We own, lease and operate $57 billion1 in assets and have completed or commenced development on more than $9 billion of real estate projects since 2012. Our experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, and life sciences. Across 33 offices nationwide, our team is united by a culture that cultivates agility, mutual trust and high performance. Learn more at transwestern.com.
1Includes the Transwestern organization and RIA AUM as of June 30, 2025.
Media Contact:
Jaime Luckey
(678) 521-3474
jaime@luckeycomms.com
twmediarelations@transwestern.com
