Safe Harbor Marinas Acquires Savannah Yacht Center

Safe Harbor Marinas has acquired the Savannah Yacht Center, a premier superyacht storage and service destination, in a transaction where consideration took the form of securities in Safe Harbor’s parent company, Sun Communities Inc.  

“This is an outstanding addition to our network. The world’s largest vessels have historically been forced to cross the Atlantic for certain services. This facility allows us to serve them with excellence here in the United States and inside the Safe Harbor network,” said Baxter Underwood, CEO of Safe Harbor Marinas.  

The Savannah Yacht Center can accommodate the largest superyachts in the Western Hemisphere. It includes a 140-meter graving dock, a 3,240-ton shiplift, and 366 meters of floating docks that can simultaneously accommodate 8, 80-meter superyachts. The highly modern yacht facility is expected to remain in operation seamlessly as ownership changes hands and its 50 employees will become Safe Harbor Marinas team members.