Port 32 Marinas Buys Florida Marinas

A South Carolina company has acquired a trio of marinas in Southwest Florida from Walker Marine Group.

Charleston-based Port 32 Marinas bought Walker Marine Group marinas in Naples, Marco Island, and Cape Coral. The purchase price wasn’t disclosed.

The Walker Marinas include approximately 1,015 slips and offer a variety of marine-related amenities, according to a statement. Each marina also features on-site sales and service operations by OneWater Marine Inc. as a long-term commercial tenant.

The transactions mark the first acquisitions to close following the completion of Port 32’s previously announced recapitalization led by New York-based investment firm Fireside Investments. Following the completion of the acquisitions and the completion of redevelopments in Fort Lauderdale and Palm Beach Gardens, Port 32 will own and operate approximately 4,100 dry and wet slips and over 140,000 square feet of commercial tenant space.

Port 32 Marinas is a leading owner, operator, developer, and acquirer of dry and wet slip coastal marina assets.