News and announcements

February 27, 2020

SOUTHERN MARINAS ACQUIRES FISH-TALE MARINA

Growing Marina Portfolio Adds Fort Myers Beach, Florida Location

Fish-Tale Marina

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 Fish-Tale Marina in Fort Myers Beach, Florida, on February 20, 2020.

Ideally located within the pristine Estero Bay aquatic preserve on Fort Myers Beach, with easy access to the Gulf of Mexico, Fish-Tale Marina has been creating extraordinary boating experiences since 1958. The marina has been recognized as a “Clean & Resilient Marina” and has set the standard for protecting marine resources and promoting environmental stewardship. The full-service marina encompasses 244 dry stack slips, 80 wet slips, a fuel dock, a ship’s store, boat tours, charter operations, a restaurant, and a service center. 

For 35 years, Fish-Tale Marina has been owned and operated by Al and Kathy Durrett. Through their shared vision and execution, the marina has become a fixture within the Fort Myers Beach boating community. Al and Kathy Durrett will remain onboard as part of the management team to ensure a seamless transition. They will also remain an integral part of the community, as they will continue to own and operate Fish-Tale Restaurant.

“We are very fortunate that the Durrett family selected Southern Marinas to continue their legacy at Fish-Tale Marina,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Fish-Tale Marina is the perfect addition to our growing portfolio of marinas that will expand our footprint in the Florida market.”

This purchase will mark Southern Marinas’ first acquisition in 2020, as the company continues to build a strong portfolio of best-in-class marinas in the southeast and other strategically located geographic regions of the country.

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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CONTACT INFORMATION

Southern Marinas
6671 W. Indiantown Rd., Suite 50-453
Jupiter, FL 33458
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.