News and announcements

OCTOBER 4, 2021

SOUTHERN MARINAS ACQUIRES HAYDEN LAKE MARINA

Growing Marina Portfolio Adds Premier Coeur d’Alene, Idaho Location

Hayden Lake Marina
North Palm Beach, Fla.
 – Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, LLC, announced today the purchase of Hayden Lake Marina, located on picturesque Hayden Lake in the Coeur d’Alene region of Idaho.

Surrounded by beautiful timber shores, crystal-clear waters, and 40 miles of shoreline, Hayden Lake Marina offers the only public moorage on Hayden Lake, one of the most popular lakes in the Coeur d’Alene region of North Idaho. The full-service marina includes covered wet slips, winter storage, an extensive boat rental fleet, a ship’s store, a fuel dock, and a boat service center, and is home to The Boathouse Bar & Grill. Hayden Lake Marina is ideally located 45 minutes from Spokane, Washington, and is nestled in one of the hottest real estate markets in the United States, known for its gorgeous summer weather and an abundance of outdoor activities.

“As we continue to expand our geographic footprint into the western U.S., Hayden Lake Marina complements our recent acquisition of Elliott Bay Marina in Seattle,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Being able to acquire the only marina on such a beautiful lake is a rare occurrence. The former owners, Anders and Julie Hainer, spent the past ten years expanding and upgrading the marina to a best-in-class property, and we look forward to building on their hard work and further enhancing the customer experience in the years ahead.”

This purchase marks Southern Marinas’ fourth acquisition in 2021. The company has plans to close on several other marinas before year end, as it continues to build a geographically diverse portfolio strategically located across the United States.

For more information on Southern Marinas and its current portfolio of marinas, please contact info@southernmarinas.com or visit www.southernmarinas.com.

Jim Behun’s experience spans more than 30 years in the Southern California boating industry. He served on the board of directors of the Marine Recreation Association and as past president of the San Diego Dockmasters Association, and is an active member of the San Diego Port Tenants Association and an affiliate member of the California Yacht Brokers Association. Immediately prior to joining the Southern Marinas team, Jim served as the general manager of Sunroad Resort Marina & Yacht Center in San Diego, a facility with over 600 slips, leased commercial space, and three well-known restaurants. During his 13-year tenure as the marina’s chief operating officer, Jim developed and produced the renowned San Diego Boat Show, which grew from a small, local gathering of boat dealers to a major, annual event attracting more than 100 dealers, brokers, and vendors, and 13,000+ boating enthusiasts.

Jim, a native of Annapolis, Maryland, has logged many hours sailing and boating on both coasts, including boat deliveries and charters to various coastal areas. In the early ’90s, he was the general manager of the 444-slip San Diego Marriott Marina. From there, Jim moved to a position with the National Marine Manufacturers Association to manage boat shows on both coasts and in Canada. He also developed and produced the first Mexico National Boat Show in Puerto Vallarta. Jim is a firm believer in managing facilities to ensure boating is safe and enjoyable for all!