Ivy Realty Acquires Southern New Jersey Industrial Portfolio for $19.2M

by Taylor Williams

BELLMAWR, N.J. — Ivy Realty, an investment firm with three offices along the East Coast, has acquired a portfolio of two industrial buildings totaling 171,500 square feet in the Southern New Jersey community of Bellmawr. The single-tenant buildings, which measure 78,000 and 93,500 square feet, are both located within the 2.8 million-square-foot Interstate Business Park and were fully leased at the time of sale. Stephen Marzullo, Adam Silverman and Dan McGovern of CBRE represented the undisclosed seller in the deal.

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