Suntex Marina Investors, an owner and operator of marina properties that recently announced private financing, purchased New Jersey-based Liberty Landing Marina and Pier 25 moorings.
The properties were purchased from Suntex Ventures and mark the first of many planned portfolio additions.
“This is a very exciting time for Suntex,” said Chris Petty, president of Suntex Marinas, in a statement. “With the creation of Suntex Marina Investors, our leadership is unified with the common goal of providing boaters a uniquely positive experience with the highest level of customer service in the industry. Following our recent private financing, we are now able to acquire new properties and reinvest in them.”
Liberty Landing Marina is located in Jersey City. It is adjacent to Ellis Island and the Statue of Liberty and across the Hudson River from lower Manhattan, in Liberty State Park.
The 50-acre full-service facility encompasses a headquarters, which consists of two restaurants (Liberty House and Maritime Parc); a ships store; propane, gasoline and diesel filling stations; 520 slips; and 40 moorings for vessels to 200 feet.
“The properties we purchase will receive upgrades to facilities and services to better serve our customers,” said Petty. “Liberty Landing is already our premier facility, and we want to make it world class. In this case, in addition to cosmetic and infrastructure renovations, we are in the process of evaluating the construction of an entirely new megayacht dock and Travelift way.”