News and announcements

September 29, 2020

SOUTHERN MARINAS ACQUIRES INLET HARBOR MARINA

Growing Marina Portfolio Adds Ponce Inlet, Florida Location

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 Inlet Harbor Marina in Ponce Inlet, Florida, on September 24, 2020. This acquisition brings the growing Southern Marinas’ portfolio total to 12 properties.

Strategically located just a few minutes from the Ponce Inlet along Florida’s Intracoastal Waterway, Inlet Harbor Marina is a full-service marina, with best-in-class amenities, catering to savvy transient boaters, as well as providing the perfect home port for boaters looking for year-round storage. The marina features wet slips for boats up to 75 feet, dry storage slips that can accommodate boats to 38 feet, a high-speed fuel dock, boaters’ lounge, shower rooms, and a laundry facility. The property is also home to the very popular Off the Hook Grill, a great place to watch dolphins play in the Halifax River and enjoy a stunning Florida sunset. The restaurant is owned and operated by Mike Schaler, one of the area’s best-known restaurateurs. The marina has been recognized as a “Florida Clean Marina and Boatyard,” and has set the standard for protecting marine resources.

“We are fortunate to acquire such a wonderful asset in this vibrant boating community,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Inlet Harbor is the perfect addition to Southern’s rapidly growing portfolio of premier marinas, and we look forward to further enhancing the customer experience at this location.”

This purchase will mark Southern Marinas’ sixth acquisition in 2020, as the company continues to build a strong portfolio of best-in-class marinas strategically located across the United States.

For more information on Southern Marinas Holdings, LLC, or 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!