News and announcements

June 23, 2021

SOUTHERN MARINAS ACQUIRES OCEAN ISLE MARINA

Growing Marina Portfolio Adds Ocean Isle Beach, North Carolina Location

Ocean Isle MarinaNorth Palm Beach, Fla. – Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, announced today the purchase of Ocean Isle Marina in Ocean Isle Beach, North Carolina.

Conveniently located along North Carolina’s Intracoastal Waterway, Ocean Isle Marina is a full-service marina with best-in-class amenities, providing the perfect home port for boaters looking for year-round storage and transient dockage. The marina features 460 dry storage and wet slips that can accommodate vessels up to 40 feet, a comprehensive service department, a fuel dock, a ship’s store, and boat rentals. Ocean Isle is located 10 minutes from the nearest inlet, providing quick access to the Atlantic Ocean for its boating, fishing, and rental fleet clientele.

“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. “Ocean Isle is the perfect addition to Southern Marina’s growing portfolio of premier marinas, and we look forward to further enhancing the customer experience at this location.”

Southern Marinas has a strong pipeline of assets, and, in 2021 and beyond, they will be acquiring a select number of best-in-class marinas 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.