Southern Marinas Holdings LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced today it purchased Rivers Edge Marina in North Charleston, S.C., on Oct. 31.
The deep-water, full-service marina encompasses 460 dry slips in a dry-stack building and 54 wet slips. The facility includes a fuel dock, ship’s store, captain’s lounge and picnic area.
“We are fortunate to acquire such a wonderful asset in a great boating community,” said Andrew Gendron, principal and chief investment officer with Southern Marinas, in a statement. “Rivers Edge Marina is the perfect addition to our growing portfolio of marinas that will extend our footprint into the South Carolina market.”
This purchase marks Southern Marinas’ fourth acquisition this year.