News and announcements

July 23, 2021

SOUTHERN MARINAS ACQUIRES SEQUOYAH MARINA

Growing Marina Portfolio Adds Popular East Tennessee Lake Location

Sequoyah 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 Sequoyah Marina, located on Norris Lake in Andersonville, Tennessee.

Sequoyah Marina is ideally located in picturesque East Tennessee, just 25 miles from Knoxville, Tennessee. Situated on Norris Lake, boaters have access to 800 miles of shoreline covering 34,000 acres of pristine waters, hundreds of secluded coves, wildlife, and two state parks. Norris Lake is a popular destination for boating, watersports, fishing, hiking, and camping. The full-service marina encompasses more than 430 wet slips for vessels up to 80 feet, and the facility features a restaurant, boat rentals, a ship’s store, and a fuel dock. In operation for more than 30 years, Sequoyah Marina has been through multiple expansions, including additional wet slips, an enlarged ship’s store and restaurant, and a private banquet room overlooking the lake, which can be rented for private events.

“Sequoyah Marina is truly a beautiful location with fantastic amenities and unlimited potential,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “It is the perfect addition to Southern Marina’s rapidly growing portfolio of premier marinas, and we look forward to further enhancing the customer experience at this location.”

This purchase marks Southern Marinas’ third acquisition within the last 30 days, as they continue to build a strong portfolio 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.

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!