Port 32 acquires Tampa marina - Trade Only Today

Port 32 acquires Tampa marina

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Port 32 acquired Tampa Harbour Yacht Club. Financial terms were not disclosed. The company said the marina would be renamed Port 32 Tampa.

The marina has 720 dry slips, staging slips, 25 leasable wet slips, a fuel dock, a transient dock, a restaurant and pool, as well as a boat dealership called the Family Boating Center.

The property is located in the Westshore Marine District, which will have 1,500 residential units. It is positioned on the Gulf of Mexico.

“PorT 32 considers Tampa Harbour to be among the top marina facilities in the Southeast, particularly on the west coast of Florida,” said Joe Miller, managing principal of Port 32, in a statement. “We plan to enhance what is already an excellent facility. New management has been put in place. We expect to make a number of improvements to the project.”

When other marinas in its portfolio are completed, Port 32 will operate about 2,600 slips in Florida and 3,200 slips total. The Charleston, South Carolina-based company, formerly Atlantic Marina Holdings, said the three other Florida marinas in its portfolio also are being renamed. These are Port 32 Palm Beach Gardens, Port 32 Fort Lauderdale and Port 32 Tierra Verde.

“Tampa Harbour, much like our other three recent Florida acquisitions, represents an outstanding opportunity for our company and investors,” Miller said. “Tampa Harbour meets all our criteria. The marina is large, well-built and maximizes use of the site. All our recent acquisitions are modern facilities, being further enhanced with redevelopment, and are well positioned to accommodate today’s larger and more complex vessels.”

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