diff --git a/projects/rocshmem/CMakeLists.txt b/projects/rocshmem/CMakeLists.txt
index 5f4b13d715..611e501750 100644
--- a/projects/rocshmem/CMakeLists.txt
+++ b/projects/rocshmem/CMakeLists.txt
@@ -53,10 +53,13 @@ option(USE_FUNC_CALL "Force compiler to use function calls on library API" OFF)
 option(USE_SHARED_CTX "Request support for shared ctx between WG" OFF)
 option(USE_SINGLE_NODE "Enable single node support only." OFF)
 option(USE_HOST_SIDE_HDP_FLUSH "Use a polling thread to flush the HDP cache on the host." OFF)
+
 option(BUILD_FUNCTIONAL_TESTS "Build the functional tests" ON)
 option(BUILD_EXAMPLES "Build the examples" ON)
 option(BUILD_SOS_TESTS "Build the host-facing tests" OFF)
 option(BUILD_UNIT_TESTS "Build the unit tests" ON)
+option(BUILD_TESTS_ONLY "Build only tests. Used to link agains rocSHMEM in a ROCm Release" OFF)
+
 option(BUILD_LOCAL_GPU_TARGET_ONLY "Build only for GPUs detected on this machine" OFF)
 
 configure_file(cmake/rocshmem_config.h.in rocshmem_config.h)
@@ -78,191 +81,170 @@ set(CMAKE_CXX_STANDARD 17)
 set(CMAKE_CXX_STANDARD_REQUIRED ON)
 set(CMAKE_CXX_FLAGS_DEBUG "-O0 -ggdb")
 
+if (BUILD_TESTS_ONLY)
+  if (DEFINED ENV{ROCSHMEM_HOME})
+    set(ROCSHMEM_HOME "$ENV{ROCSHMEM_HOME}")
+  else()
+    message("Environment variable ROCSHMEM_HOME is not set.")
+    message("Assuming that rocSHMEM is installed at ${ROCM_PATH}.")
+    set(ROCSHMEM_HOME "${ROCM_PATH}")
+  endif()
+endif()
+
 find_package(ROCM 0.8 REQUIRED PATHS ${ROCM_PATH})
 set(ROCMCHECKS_WARN_TOOLCHAIN_VAR OFF)
 
-find_package(ROCmCMakeBuildTools)
-include(ROCMCreatePackage)
-include(ROCMInstallTargets)
-include(ROCMCheckTargetIds)
-
-###############################################################################
-# PROJECT
-###############################################################################
-rocm_setup_version(VERSION 2.0.0)
-
-project(rocshmem VERSION 2.0.0 LANGUAGES CXX)
-
-###############################################################################
-# SET GPU ARCHITECTURES
-###############################################################################
 include(cmake/rocm_local_targets.cmake)
 
 set(DEFAULT_GPUS
       gfx90a
       gfx942)
 
-if (BUILD_LOCAL_GPU_TARGET_ONLY)
-  message(STATUS "Building only for local GPU target")
-  if (COMMAND rocm_local_targets)
-    rocm_local_targets(DEFAULT_GPUS)
-  else()
-    message(WARNING "Unable to determine local GPU targets. Falling back to default GPUs.")
-  endif()
+###############################################################################
+# PROJECT
+###############################################################################
+find_package(ROCmCMakeBuildTools)
+include(ROCMCreatePackage)
+include(ROCMInstallTargets)
+include(ROCMCheckTargetIds)
+
+rocm_setup_version(VERSION 2.0.0)
+project(rocshmem VERSION 2.0.0 LANGUAGES CXX)
+
+###############################################################################
+# TEST SUBDIRECTORIES
+###############################################################################
+add_subdirectory(tests)
+
+if (BUILD_EXAMPLES)
+  add_subdirectory(examples)
 endif()
 
-set(GPU_TARGETS "${DEFAULT_GPUS}" CACHE STRING
-    "Target default GPUs if GPU_TARGETS is not defined.")
-
-if (COMMAND rocm_check_target_ids)
-  message(STATUS "Checking for ROCm support for GPU targets: " "${GPU_TARGETS}")
-  rocm_check_target_ids(SUPPORTED_GPUS TARGETS ${GPU_TARGETS})
-else()
-  message(WARNING "Unable to check for supported GPU targets. Falling back to default GPUs.")
-  set(SUPPORTED_GPUS ${DEFAULT_GPUS})
-endif()
-
-set(COMPILING_TARGETS "${SUPPORTED_GPUS}" CACHE STRING "GPU targets to compile for.")
-message(STATUS "Compiling for ${COMPILING_TARGETS}")
-
-foreach(target ${COMPILING_TARGETS})
-  list(APPEND static_link_flags --offload-arch=${target})
-endforeach()
-list(JOIN static_link_flags " " flags_str)
-add_compile_options(${flags_str})
-
 ###############################################################################
 # CREATE ROCSHMEM LIBRARY
 ###############################################################################
-add_library(${PROJECT_NAME})
-add_library(roc::${PROJECT_NAME} ALIAS ${PROJECT_NAME})
+if (NOT BUILD_TESTS_ONLY)
+  add_library(${PROJECT_NAME})
+  add_library(roc::${PROJECT_NAME} ALIAS ${PROJECT_NAME})
+  add_subdirectory(src)
 
-###############################################################################
-# INCLUDE DIRECTORIES
-###############################################################################
-target_include_directories(
-  ${PROJECT_NAME}
-  PUBLIC
-    $<BUILD_INTERFACE:${CMAKE_CURRENT_SOURCE_DIR}/include>
-    $<BUILD_INTERFACE:${CMAKE_BINARY_DIR}>                 # rocshmem_config.h
-    $<INSTALL_INTERFACE:include>
-)
+  #############################################################################
+  # SET GPU ARCHITECTURES
+  #############################################################################
+  if (BUILD_LOCAL_GPU_TARGET_ONLY)
+    message(STATUS "Building only for local GPU target")
+    if (COMMAND rocm_local_targets)
+      rocm_local_targets(DEFAULT_GPUS)
+    else()
+      message(WARNING "Unable to determine local GPU targets. Falling back to default GPUs.")
+    endif()
+  endif()
 
-###############################################################################
-# SUBDIRECTORY TARGETS
-###############################################################################
-add_subdirectory(src)
-add_subdirectory(tests)
+  set(GPU_TARGETS "${DEFAULT_GPUS}" CACHE STRING
+      "Target default GPUs if GPU_TARGETS is not defined.")
 
-IF (BUILD_EXAMPLES)
-  add_subdirectory(examples)
-ENDIF()
+  if (COMMAND rocm_check_target_ids)
+    message(STATUS "Checking for ROCm support for GPU targets: " "${GPU_TARGETS}")
+    rocm_check_target_ids(SUPPORTED_GPUS TARGETS ${GPU_TARGETS})
+  else()
+    message(WARNING "Unable to check for supported GPU targets. Falling back to default GPUs.")
+    set(SUPPORTED_GPUS ${DEFAULT_GPUS})
+  endif()
 
-###############################################################################
-# HIP
-###############################################################################
-find_package(hip REQUIRED)
+  set(COMPILING_TARGETS "${SUPPORTED_GPUS}" CACHE STRING "GPU targets to compile for.")
+  message(STATUS "Compiling for ${COMPILING_TARGETS}")
 
-target_link_libraries(
-  ${PROJECT_NAME}
-  PUBLIC
-    hip::device
-    hip::host
-)
+  foreach (target ${COMPILING_TARGETS})
+    list(APPEND static_link_flags --offload-arch=${target})
+  endforeach()
+  list(JOIN static_link_flags " " flags_str)
+  add_compile_options(${flags_str})
 
-###############################################################################
-# HSA-RUNTIME64
-###############################################################################
-find_package(hsa-runtime64 REQUIRED)
+  #############################################################################
+  # PACKAGE DEPENDENCIES
+  #############################################################################
+  find_package(MPI REQUIRED)
+  find_package(hip REQUIRED)
+  find_package(hsa-runtime64 REQUIRED)
 
-target_link_libraries(
-  ${PROJECT_NAME}
-  PUBLIC
-    hsa-runtime64::hsa-runtime64
-)
+  if (USE_GPU_IB)
+    find_package(Ibverbs REQUIRED)
+  endif()
 
-###############################################################################
-# PTHREADS
-###############################################################################
-set(CMAKE_THREAD_PREFER_PTHREAD TRUE)
-set(THREADS_PREFER_PTHREAD_FLAG TRUE)
-find_package(Threads REQUIRED)
-
-target_link_libraries(
-  ${PROJECT_NAME}
-  PUBLIC
-    Threads::Threads
-)
-
-###############################################################################
-# IBVERBS
-###############################################################################
-IF (USE_GPU_IB)
-  find_package(Ibverbs REQUIRED)
+  set(CMAKE_THREAD_PREFER_PTHREAD TRUE)
+  set(THREADS_PREFER_PTHREAD_FLAG TRUE)
+  find_package(Threads REQUIRED)
 
+  #############################################################################
+  # LINKING AND INCLUDE DIRECTORIES
+  #############################################################################
   target_include_directories(
     ${PROJECT_NAME}
     PUBLIC
-      ${IBVERBS_INCLUDE_DIRS}
+      $<BUILD_INTERFACE:${CMAKE_CURRENT_SOURCE_DIR}/include>
+      $<BUILD_INTERFACE:${CMAKE_BINARY_DIR}>               # rocshmem_config.h
+      $<INSTALL_INTERFACE:include>
+      ${MPI_CXX_HEADER_DIR}
   )
 
   target_link_libraries(
     ${PROJECT_NAME}
     PUBLIC
-      ${IBVERBS_LIBRARIES}
+      Threads::Threads
+      ${MPI_mpi_LIBRARY}
+      ${MPI_mpicxx_LIBRARY}
+      hip::device
+      hip::host
+      hsa-runtime64::hsa-runtime64
   )
-ENDIF()
 
-###############################################################################
-# MPI
-###############################################################################
-find_package(MPI REQUIRED)
+  if (USE_GPU_IB)
+    target_include_directories(
+      ${PROJECT_NAME}
+      PUBLIC
+        ${IBVERBS_INCLUDE_DIRS}
+    )
 
-target_include_directories(
-  ${PROJECT_NAME}
-  PUBLIC
-    ${MPI_CXX_HEADER_DIR}
-)
+    target_link_libraries(
+      ${PROJECT_NAME}
+      PUBLIC
+        ${IBVERBS_LIBRARIES}
+    )
+  endif()
 
-target_link_libraries(
-  ${PROJECT_NAME}
-  PUBLIC
-    ${MPI_mpi_LIBRARY}
-    ${MPI_mpicxx_LIBRARY}
-)
+  #############################################################################
+  # INSTALL
+  #############################################################################
+  include(ROCMInstallTargets)
+  include(ROCMCreatePackage)
 
-###############################################################################
-# INSTALL
-###############################################################################
-include(ROCMInstallTargets)
-include(ROCMCreatePackage)
+  rocm_install(TARGETS rocshmem)
 
-rocm_install(TARGETS rocshmem)
+  rocm_install(
+    DIRECTORY ${CMAKE_SOURCE_DIR}/include/
+    DESTINATION ${CMAKE_INSTALL_INCLUDEDIR}
+  )
 
-rocm_install(
-  DIRECTORY ${CMAKE_SOURCE_DIR}/include/
-  DESTINATION ${CMAKE_INSTALL_INCLUDEDIR}
-)
+  rocm_install(
+    FILES "${CMAKE_BINARY_DIR}/rocshmem_config.h"
+    DESTINATION ${CMAKE_INSTALL_INCLUDEDIR}/rocshmem
+  )
 
-rocm_install(
-  FILES "${CMAKE_BINARY_DIR}/rocshmem_config.h"
-  DESTINATION ${CMAKE_INSTALL_INCLUDEDIR}/rocshmem
-)
+  rocm_package_add_dependencies(
+    DEPENDS
+      hsa-rocr
+      hip-runtime-amd
+      rocm-dev
+  )
 
-rocm_package_add_dependencies(
-  DEPENDS
-    hsa-rocr
-    hip-runtime-amd
-    rocm-dev
-)
+  rocm_export_targets(
+    TARGETS roc::rocshmem
+    NAMESPACE roc::
+  )
 
-rocm_export_targets(
-  TARGETS roc::rocshmem
-  NAMESPACE roc::
-)
-
-rocm_create_package(
-  NAME "rocSHMEM"
-  DESCRIPTION "ROCm OpenSHMEM (rocSHMEM)"
-  MAINTAINER "rocSHMEM Maintainer <rocshmem-maintainer@amd.com>"
-)
+  rocm_create_package(
+    NAME "rocSHMEM"
+    DESCRIPTION "ROCm OpenSHMEM (rocSHMEM)"
+    MAINTAINER "rocSHMEM Maintainer <rocshmem-maintainer@amd.com>"
+  )
+endif()
diff --git a/projects/rocshmem/examples/CMakeLists.txt b/projects/rocshmem/examples/CMakeLists.txt
index 29122baa63..d720dc32d3 100644
--- a/projects/rocshmem/examples/CMakeLists.txt
+++ b/projects/rocshmem/examples/CMakeLists.txt
@@ -36,19 +36,51 @@ foreach(SOURCE_FILE IN LISTS EXAMPLE_SOURCES)
 
   add_executable(${EXECUTABLE_NAME} ${SOURCE_FILE})
 
-  target_include_directories(
-    ${EXECUTABLE_NAME}
-    PRIVATE
-      rocshmem::rocshmem
-  )
+  if (BUILD_TESTS_ONLY)
+    find_package(MPI REQUIRED)
 
-  target_link_libraries(
-    ${EXECUTABLE_NAME}
-    PRIVATE
-      roc::rocshmem
-      -fgpu-rdc
-      # xnack allows address translation fault recovery
-      # required option for managed heap configs
-      # -mxnack
-  )
+    target_include_directories(
+      ${EXECUTABLE_NAME}
+      PRIVATE
+        $<BUILD_INTERFACE:${ROCSHMEM_HOME}/include>
+        $<BUILD_INTERFACE:${MPI_CXX_HEADER_DIR}>
+    )
+
+    foreach (target ${DEFAULT_GPUS})
+      list(APPEND static_link_flags --offload-arch=${target})
+    endforeach()
+    list(JOIN static_link_flags " " flags_str)
+
+    target_compile_options(
+      ${EXECUTABLE_NAME}
+      PRIVATE
+        ${flags_str}
+         -fgpu-rdc
+    )
+
+    target_link_libraries(
+      ${EXECUTABLE_NAME}
+      PRIVATE
+        ${MPI_mpi_LIBRARY}
+        ${MPI_mpicxx_LIBRARY}
+        -L${ROCSHMEM_HOME}/lib
+        -lamdhip64
+        -lhsa-runtime64
+        -lrocshmem
+        -fgpu-rdc
+    )
+  else()
+    target_include_directories(
+      ${EXECUTABLE_NAME}
+      PRIVATE
+        roc::rocshmem
+    )
+
+    target_link_libraries(
+      ${EXECUTABLE_NAME}
+      PRIVATE
+        roc::rocshmem
+        -fgpu-rdc
+    )
+  endif()
 endforeach()
diff --git a/projects/rocshmem/scripts/build_configs/ipc_single b/projects/rocshmem/scripts/build_configs/ipc_single
index 7c76bad6be..dc6b0c522b 100755
--- a/projects/rocshmem/scripts/build_configs/ipc_single
+++ b/projects/rocshmem/scripts/build_configs/ipc_single
@@ -26,7 +26,7 @@ cmake \
     -DUSE_WF_COAL=OFF \
     -DUSE_SINGLE_NODE=ON \
     -DUSE_HOST_SIDE_HDP_FLUSH=OFF \
-    -DBUILD_LOCAL_GPU_TARGET_ONLY=ON \
+    -DBUILD_LOCAL_GPU_TARGET_ONLY=OFF \
     $src_path
 cmake --build . --parallel 8
 cmake --install .
diff --git a/projects/rocshmem/scripts/build_configs/ipc_tests_only b/projects/rocshmem/scripts/build_configs/ipc_tests_only
new file mode 100755
index 0000000000..5be1ecbfe3
--- /dev/null
+++ b/projects/rocshmem/scripts/build_configs/ipc_tests_only
@@ -0,0 +1,37 @@
+#!/bin/bash
+# Copyright (c) 2024 Advanced Micro Devices, Inc. All rights reserved.
+set -e
+
+if [ -z $1 ]
+then
+  install_path=~/rocshmem
+else
+  install_path=$1
+fi
+
+if [ -z $1 ] && [ -z $ROCSHMEM_HOME ]
+then
+  export ROCSHMEM_HOME=/opt/rocm/
+fi
+
+src_path=$(dirname "$(realpath $0)")/../../
+
+cmake \
+    -DCMAKE_BUILD_TYPE=Release \
+    -DCMAKE_INSTALL_PREFIX=$install_path \
+    -DCMAKE_VERBOSE_MAKEFILE=OFF \
+    -DDEBUG=OFF \
+    -DPROFILE=OFF \
+    -DUSE_GPU_IB=OFF \
+    -DUSE_RO=OFF \
+    -DUSE_DC=OFF \
+    -DUSE_IPC=ON \
+    -DUSE_COHERENT_HEAP=ON \
+    -DUSE_THREADS=OFF \
+    -DUSE_WF_COAL=OFF \
+    -DUSE_SINGLE_NODE=ON \
+    -DUSE_HOST_SIDE_HDP_FLUSH=OFF \
+    -DBUILD_LOCAL_GPU_TARGET_ONLY=OFF \
+    -DBUILD_TESTS_ONLY=ON \
+    $src_path
+cmake --build . --parallel 8
diff --git a/projects/rocshmem/scripts/functional_tests/driver.sh b/projects/rocshmem/scripts/functional_tests/driver.sh
index cb31c766f9..cdd83e949a 100755
--- a/projects/rocshmem/scripts/functional_tests/driver.sh
+++ b/projects/rocshmem/scripts/functional_tests/driver.sh
@@ -322,9 +322,9 @@ TestOther() {
 
 ValidateInput() {
   INPUT_COUNT=$1
-  if [ $INPUT_COUNT -eq 0 ] ; then
-    echo "This script must be run with at least 2 arguments."
-    echo 'Usage: ${0} argument1 argument2 [argument3] [argument4]'
+  if [ $INPUT_COUNT -lt 3 ] ; then
+    echo "This script must be run with at least 3 arguments."
+    echo 'Usage: ${0} argument1 argument2 argument3 [argument4]'
     echo "  argument1 : path to the tester driver"
     echo "  argument2 : test type to run, e.g put"
     echo "  argument3 : directory to put the output logs"
@@ -333,6 +333,14 @@ ValidateInput() {
   fi
 }
 
+ValidateLogDir() {
+  if [ ! -d $1 ]; then
+    echo "LOG_DIR=$1 does not exist"
+    mkdir -p $1
+    echo "Created $1"
+  fi
+}
+
 APP=$1
 TEST=$2
 LOG_DIR=$3
@@ -341,6 +349,7 @@ HOSTFILE=$4
 DRIVER_RETURN_STATUS=0
 
 ValidateInput $#
+ValidateLogDir $LOG_DIR
 
 case $TEST in
   *"all")
diff --git a/projects/rocshmem/tests/functional_tests/CMakeLists.txt b/projects/rocshmem/tests/functional_tests/CMakeLists.txt
index 1ad791bb2c..fcf6a63ba3 100644
--- a/projects/rocshmem/tests/functional_tests/CMakeLists.txt
+++ b/projects/rocshmem/tests/functional_tests/CMakeLists.txt
@@ -63,19 +63,52 @@ target_sources(
 ###############################################################################
 # ROCSHMEM
 ###############################################################################
+if (BUILD_TESTS_ONLY)
+  find_package(MPI REQUIRED)
 
-target_include_directories(
-  ${TESTS_NAME}
-  PRIVATE
-    roc::rocshmem
-)
+  target_include_directories(
+    ${TESTS_NAME}
+    PRIVATE
+      $<BUILD_INTERFACE:${CMAKE_CURRENT_SOURCE_DIR}/..>
+      $<BUILD_INTERFACE:${CMAKE_BINARY_DIR}>
+      $<BUILD_INTERFACE:${ROCSHMEM_HOME}/include>
+      $<BUILD_INTERFACE:${MPI_CXX_HEADER_DIR}>
+  )
 
-target_link_libraries(
-  ${TESTS_NAME}
-  PRIVATE
-    roc::rocshmem
-    -fgpu-rdc
-#   xnack allows address translation fault recovery
-#   required option for managed heap configs
-#    -mxnack
-)
+  foreach (target ${DEFAULT_GPUS})
+    list(APPEND static_link_flags --offload-arch=${target})
+  endforeach()
+  list(JOIN static_link_flags " " flags_str)
+
+  target_compile_options(
+    ${TESTS_NAME}
+    PRIVATE
+      ${flags_str}
+       -fgpu-rdc
+  )
+
+  target_link_libraries(
+    ${TESTS_NAME}
+    PRIVATE
+      ${MPI_mpi_LIBRARY}
+      ${MPI_mpicxx_LIBRARY}
+      -L${ROCSHMEM_HOME}/lib
+      -lamdhip64
+      -lhsa-runtime64
+      -lrocshmem
+      -fgpu-rdc
+  )
+else()
+  target_include_directories(
+    ${TESTS_NAME}
+    PRIVATE
+      roc::rocshmem
+  )
+
+  target_link_libraries(
+    ${TESTS_NAME}
+    PRIVATE
+      roc::rocshmem
+      -fgpu-rdc
+  )
+endif()
diff --git a/projects/rocshmem/tests/unit_tests/CMakeLists.txt b/projects/rocshmem/tests/unit_tests/CMakeLists.txt
index aab5d1a5e5..688917c3a6 100644
--- a/projects/rocshmem/tests/unit_tests/CMakeLists.txt
+++ b/projects/rocshmem/tests/unit_tests/CMakeLists.txt
@@ -102,19 +102,56 @@ target_sources(
 ###############################################################################
 find_package(hip REQUIRED)
 
-target_include_directories(
-  ${PROJECT_NAME}
-  PRIVATE
-    roc::rocshmem
-)
+if (BUILD_TESTS_ONLY)
+  find_package(MPI REQUIRED)
 
-target_link_libraries(
-  ${PROJECT_NAME}
-  PRIVATE
-    roc::rocshmem
-    hip::host
-    -fgpu-rdc
-)
+  target_include_directories(
+    ${PROJECT_NAME}
+    PRIVATE
+      $<BUILD_INTERFACE:${CMAKE_CURRENT_SOURCE_DIR}/..>
+      $<BUILD_INTERFACE:${CMAKE_BINARY_DIR}>
+      $<BUILD_INTERFACE:${ROCSHMEM_HOME}/include>
+      $<BUILD_INTERFACE:${MPI_CXX_HEADER_DIR}>
+  )
+
+  foreach (target ${DEFAULT_GPUS})
+    list(APPEND static_link_flags --offload-arch=${target})
+  endforeach()
+  list(JOIN static_link_flags " " flags_str)
+
+  target_compile_options(
+    ${PROJECT_NAME}
+    PRIVATE
+      ${flags_str}
+       -fgpu-rdc
+  )
+
+  target_link_libraries(
+    ${PROJECT_NAME}
+    PRIVATE
+      ${MPI_mpi_LIBRARY}
+      ${MPI_mpicxx_LIBRARY}
+      -L${ROCSHMEM_HOME}/lib
+      -lamdhip64
+      -lhsa-runtime64
+      -lrocshmem
+      -fgpu-rdc
+  )
+else()
+  target_include_directories(
+    ${PROJECT_NAME}
+    PRIVATE
+      roc::rocshmem
+  )
+
+  target_link_libraries(
+    ${PROJECT_NAME}
+    PRIVATE
+      roc::rocshmem
+      hip::host
+      -fgpu-rdc
+  )
+endif()
 
 ###############################################################################
 # GTEST DEPENDENCY