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 [email protected] or visit www.southernmarinas.com.

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.