Monument Marine Group Sells Harbor Lights Marina

Colliers announced the sale of Harbor Lights, a unique 70-acre leisure and hospitality property situated on 70 waterfront-acres overlooking Narragansett Bay just south of Providence, Rhode Island.

Andrew Cantor, Dan Grovatt and Matt Putnam of Colliers’ Leisure Property Advisors team represented the seller, Monument Marine Group, in the off-market sale. The property was sold to an undisclosed buyer for an undisclosed price. The buyer was represented by SVN Marinas.

Monument Marine Group, an investment firm focused on opportunities in the marine industry, purchased Harbor Lights in 2023.

“Since purchasing this marina, Monument has refined its growth strategy and asset targets, leading to a decision to divest,” said Cantor, senior vice president at Colliers and a founding partner of the Leisure Property Advisors team. “Selling this property is a part of that larger strategy and will allow Monument to reinvest in properties located within its target markets.”

Situated at the mouth of Warwick Cove, Harbor Lights includes 208 boat slips, a 9-hole golf course, an infinity pool and a 15,394-square-foot clubhouse with event space for up to 250 guests, as well as a 100-seat restaurant