News and announcements

August 5, 2019

SOUTHERN MARINAS ACQUIRES THE BOATHOUSE AT FRONT STREET VILLAGE

Growing Marina Portfolio Adds Beaufort, North Carolina Location

The Boathouse at Front Street Village

North Palm Beach, Fla. – Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced today the purchase of The Boathouse at Front Street Village in Beaufort, North Carolina, on August 1, 2019.

The Boathouse is ideally located minutes from the heart of downtown Beaufort with easy access to the Intercoastal Waterway, the area’s best beaches, and the Atlantic Ocean. Bucky and Wendi Oliver, the original developers of the marina, set out to create a new standard of excellence for North Carolina boaters. Based on their initial success of delivering an unmatched product and a superior level of customer service, the marina added a second dry stack building in 2018 to meet the expanding demand from the boating community. The state-of-the-art, environmentally friendly boat storage and service facility features two dry storage buildings accommodating boats up to 43 feet and wet slips that can host boats as long as 100 feet. In addition, there is an on-site service department, complimentary concierge service, a fuel dock, and “The Chandlery,” a fully stocked ship’s store and the area’s best wine shop.

The marina is an integral part of Front Street Village, a residential resort lifestyle community, which will elevate the region’s profile as a true boater’s destination. The resort is comprised of single-family cottages and townhomes, the 34° North Restaurant, and the Beaufort Hotel NC, an Ascend Hotel Collection Member. The restaurant and hotel opened earlier this spring to complete this beautiful, amenity-rich community. The marina will partner with Front Street Village to create an unparalleled experience for customers and guests alike.

“We are fortunate to acquire such a wonderful asset in a great boating market,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “The Boathouse is the perfect addition to our growing portfolio of marinas that will extend our footprint into the North Carolina market.”

For more information on Southern Marinas Holdings, LLC or its current portfolio of marinas, please contact [email protected] or visit www.southernmarinas.com. 

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Southern Marinas
11300 U.S. Highway One,
Suite 610 Palm Beach Gardens, Fl 33408
561-412-4941
[email protected]

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Bio Coming Soon...

Kyle Bogardus serves as a Senior Accountant for Southern Marinas. His core responsibility is to prepare financial statements for numerous properties in accordance with US GAAP standards. Prior to Southern Marinas, Kyle was based in New York City serving as a Senior Accountant in the Technology sector. Kyle holds a BS in Accounting from Siena College.

Prior to joining the Southern Marinas' accounting team as an Accounts Payable Specialist, Teresa Phillips was the Business Office Administrator at Dale Hollow State Park Marina in Kentucky.  Teresa came to Kentucky by way of Kansas where she established an extensive history of bookkeeping experience in both the Dairy and Construction Industries. 

Please check back soon for John's Bio...

Adam Rosmarin has more than 16 years of experience across a wide array of industries; including marinas, finance, hospitality, and real estate. Prior to joining Southern Marinas, Adam worked as lead strategist and media buyer for a premier marketing and consulting firm. During his tenure, he managed outbound marketing budgets and website development for Loggerhead Marinas' portfolio of properties from lease up through sale. Additionally, Adam was responsible for allocating annual marketing spends for VanEck, an asset manager and ETF provider. While engaged with VanEck, he contributed to the launch of more than 60 exchange-traded products and helped grow the brand from inception to $50B AUM. Finally, Adam has worked alongside Southern Marinas since its inception to develop branding and the website platform used across the portfolio of marinas. In his role as VP of Business Development, he will source, evaluate, and close deals to grow the platform. Adam is a family man and a true southern sportsman. When he is not in the office, you will likely find him somewhere between the crystal-clear waters of the Bahamas and the backwoods of Georgia.