Secaucus, NJ-based Hartz Mountain sold 155 Tice Blvd. to Sheila Properties. The property is fully-occupied by Eisai, Inc., the American subsidiary of global Japanese-based pharmaceutical company Eisai Co. Ltd.

“Commercial real estate is a $15 trillion dollar industry with an enormous amount of room for innovation.”

The Des Plaines, IL-based commercial real estate firm secured the financing from PCCP, LLC of New York City. The loan will repay the existing construction loan and provide additional time for lease-up and stabilization of the five-story 181-unit luxury apartment property.

WeWork, Sallie Mae, Steward Partners Holdings and Alpha Corporation have signed new leases in the Washington DC metropolitan area.