Safe Harbor Marinas Announces Acquisition of Calusa Island Marina

DALLAS, April 5, 2017 /PRNewswire/ -- Safe Harbor Marinas ("Safe Harbor") today announced that it has acquired Calusa Island Marina ("Calusa") in Goodland, Florida. Located inside the city limits of Marco Island in southwest Florida, Calusa offers boaters a convenient gateway to the Ten Thousand Islands, a full range of boating services, 115 permanent wet slips, and covered rack storage for up to 420 vessels. The financial details of the transaction were not disclosed.

Safe Harbor continues to expand and diversify its network of inland and coastal marinas. A key consideration as part of the company's decision to acquire Calusa included the property's proximity to five other gulf coast properties already controlled by Safe Harbor. Prior to the purchase, Safe Harbor announced the addition of two other Florida gulf coast assets (Burnt Store Marina in Punta Gorda, Florida and Cape Harbour Marina in Cape Coral, Florida) in January of 2017.

Also in January, Safe Harbor announced it had acquired Brewer Yacht Yard Group, the iconic New England marina company led by industry veteran Jack Brewer. With the acquisition of Calusa, the company has now added 28 marinas to its existing presence on the east coast and Florida in less than 4 months. Calusa is Safe Harbor's eighth property in Florida.

"We are very pleased to bring Calusa Island Marina into our family of exceptional marinas," said Jason Hogg, Senior VP of Investments for Safe Harbor Marinas. "Boaters are taking their boats on longer expeditions and cruises from one coastal destination to another. As we selectively expand our presence in Florida and the east coast with high-quality facilities like Calusa, we are creating a world-class network of properties for our boaters to enjoy."

"Calusa Island is truly a remarkable property, and we are excited to welcome this property as we continue to grow our network of premier marinas," said Safe Harbor's CEO, Baxter. Underwood

Safe Harbor Marinas is the largest owner and operator of marinas in the world with 64 properties in 17 states, and over 30,000 boaters. For more information about Calusa Island Marina, please visit calusaislandmarina.com.

About Safe Harbor Marinas

Safe Harbor Marinas is the largest owner and operator of marinas in the world. Based in Dallas, the company is dedicated to providing the highest standards of excellence in customer service across its portfolio of inland and coastal properties. For more information, visit www.SHMarinas.com.

Media Contact:
Michelle Olvedo
T: 972-406-5215
molvedo@shmarinas.com

SOURCE Safe Harbor Marinas