The Brick Companies, a privately held development and management company in Edgewater, Md., has acquired Ferry Point Marina and Yachtyard in Arnold, Md.
Going forward, the property will be known as Atlantic Marina at Ferry Point. It is the third marina in Brick’s Atlantic Marinas portfolio. The transition was completed October 5.
Formerly owned by Cliff Silbiger and John Kurtz for the past 12 years, Ferry Point was established in the 1940s as a full-service marina located on the Magothy River just north of Annapolis. It has more than 100 deep-water slips, several acres of on-land storage, complete yacht maintenance and The Point Crab House and Grill, a waterfront restaurant and bar. The new owners plan to add a swimming pool and other amenities.
“We couldn’t be more excited to add Ferry Point to our Atlantic Marinas family,” Lex Birney, CEO for The Brick Companies, said in a statement. “With deep slips to accommodate many sizes of sailboats and powerboats, a great restaurant and marine services on site, Ferry Point is a great complement to our portfolio. More than a place to keep your boat, we work to create fun, relaxing environments for families and friends.”
Members of one Atlantic Marina property can use the amenities at the other two locations, Atlantic Marina on the Patapsco and Atlantic Marina on the Magothy in Pasadena, Md. The Patapsco location has a sandy beach and waterfront pool plus a cookout and recreation area. The Magothy facility has fuel and additional discounts for members.
“One of the exciting things about having a number of marinas is that our customers can share the amenities of all of them, including our partner, Port Annapolis Marina located on Back Creek just outside of downtown Annapolis,” Birney said in an email to Trade Only Today.