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Southern Marinas Acquires Tennessee Property

1_Southern Marinas_Grand Harbor Resort and Marina

Southern Marinas Holdings announced in a statement that it has acquired Grand Harbor Condominiums and Marina on Pickwick Lake in Tennessee.

The property is on the Tennessee-Mississippi border, less than a mile from the Alabama state line. Located at the junction of the Tennessee River and the Tombigbee Waterway, the marina attracts boaters cruising the Great Loop.

“Grand Harbor is a unique asset that attracts boaters and vacationers from a broad demographic area,” Gary Rosmarin, principal with Southern Marinas, said in a statement. “By the addition of Grand Harbor, our portfolio now extends its geographic footprint from the Northwest, through the Midwest, into the Southeast.”

2_Southern Marinas_Grand Harbor

The full-service marina includes covered slips, condo rentals, a rental fleet, a ship’s store, fuel dock, a lakeside pool, tennis courts and a fitness center and spa.

Grand Harbor is Southern Marinas’ sixth acquisition this year.

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