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Nautical Ventures Group acquires Florida marina

Marine recreational product retailer Nautical Ventures Group purchased an additional property in North Palm Beach, Fla.

Marine recreational product retailer Nautical Ventures Group purchased an additional property in North Palm Beach, Fla.

The company said the Northlake Marina property, located at 139 Shore Court, is strategically located off U.S. 1, Northlake Boulevard and the Earmin River. The two-story, 26,300-square-foot building offers traffic visibility by roadway and waterway.

The company said the new location also comes with a drystack unit that can house 66 boats. It has 10 in-water slips and is a 15-minute boat ride due east to the Palm Beach inlet with no fixed bridges.

“After the tremendous consumer response we had from the recent West Palm Beach boat show, combined with the projected demographic growth of the marine industry in Palm Beach, opening our first location here is the logical step,” Nautical Ventures CEO Roger Moore said in a statement. “We’ve had our eye on Palm Beach for a while, but when the opportunity came up to take our business model one county north, we jumped on it.”

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