FORT LAUDERDALE, FL—Ivy Realty, a Greenwich, CT.-based commercial real estate operating company, is working to make a name for itself in South Florida. So far, so good. After significant downturns in office values in recent years, the trio of Ivy successes point to capital infusions as playing a critical role in turning mediocre properties into prime properties.

Since acquiring the Heron Bay Corporate Campus in Coral Springs, FL in 2011, the firm has leased more than 53,685 square feet of office space in the hurricane-resistant, class A office building, boosting its occupancy from 48% to 86.5%.

Ivy purchased the 89,000-square-foot campus as part of a trio of commercial real estate investments in South Florida, as the firm eyed a recovery in the region. The firm has amassed more than 453,000 square feet of office space in South Florida in the last 30 months.

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