Suntex Marinas Acquires Key West Facility

Suntex Marinas yesterday announced the acquisition of Garrison Bight Marina in Key West, Fla.

The marina has 20 wet slips and 213 dry slips and is located near hotels, restaurants and shopping. Suntex said it is the only full-service marina on the island with dry storage facilities. Amenities include a fuel dock, ship’s store, service department and a Thai restaurant with a deck overlooking the marina.

“This purchase provides Suntex with an excellent opportunity to expand upon our holdings in the Florida Keys and our footprint in the South Florida market,” investment partner David Filler said in a statement. “We are committed to offering our guests a best-in-class experience, and Garrison Bight has incredible potential.”

Filler added that Suntex will make a “significant investment in upgrades” to the marina.

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Suntex Acquires Lynn Creek Marina

The Grand Prairie, Texas, facility is the latest addition to Suntex’s U.S. marina holdings.

Suntex Marina Investors announced yesterday that it purchased Lynn Creek Marina on Joe Pool Lake in Grand Prairie, Texas.

“We are excited to take over a staple on Joe Pool Lake in the heart of the southern Dallas suburbs,” Suntex Marinas vice president of operations Michael Warntjes said in a statement. “We are confident that Lynn Creek will be an excellent reflection of the Suntex experience when completed.”

The marina opened in July 1990 and, after two expansions, comprises 528 slips that can accommodate boats to 50 feet, 116 dry storage stacks for boats to 28 feet, a ship’s store, rental boat fleet, fuel dock, service center, a 450-seat restaurant and a 97-passenger excursion vessel.

“We anticipate infusing some immediate capital to improve the amenities and security for guests, while focusing on long-term development of the entire property,” Warntjes added.

Suntex said it is working with the city of Grand Prairie to revitalize the marina to bring more visitors to Joe Pool Lake.

“Our team is ecstatic to be partnering with the city of Grand Prairie to make Lynn Creek Marina a best-in-class waterfront experience and help bring Joe Pool Lake back into the destination lake the city would like to see for its community,” said Bryan Redmond, CEO, Suntex Marinas. “We love the vision the city and its staff have set forth and are proud to be a part of helping to execute that vision.”

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