Le Lézard
Classified in: Tourism and vacations, Transportation, Business
Subject: RLE

Old Port Cove Announces Sale to Safe Harbor Marinas

NORTH PALM BEACH, Fla., Jan. 23, 2018 /PRNewswire/ -- Old Port Cove Holdings, Inc. ("OPC") of North Palm Beach, Florida, a leader in state-of-the-art marina properties has entered into an agreement to sell its portfolio of Palm Beach County assets to the largest owner/operator of marinas in the world, Safe Harbor Marinas, LLC ("Safe Harbor"). The sale includes all three full-service marina properties; Old Port Cove Marina, North Palm Beach Marina and New Port Cove Marine Center and associated amenities. Cumulatively these marinas can accommodate nearly 650 vessels ranging in size from 20' day boats to 200' Mega-yachts. The sale also includes the 48,000 square-foot office/retail complex known as Cove Plaza as well as Sandpiper's Cove Restaurant and Bar located on the water at Old Port Cove Marina.

Safe Harbor Marinas Logo

Richard G. Morgan, President of OPC said "one of the numerous attractions in dealing with the Safe Harbor team was their commitment and dedication to providing the highest standards of excellence, quality and legendary customer service to the boating public. This dedication from Safe Harbor closely mirrors OPC's own long established operational practice and commitment to its members and employees and the entire OPC team is thrilled and excited to become a part of the Safe Harbor family." 

As owner/operator, OPC has been a leader in the marina industry in the Palm Beaches since the early 70's. Its marina portfolio, which began with the flagship facility Old Port Cove Marina, was followed by the purchase of New Port Cove Marine Center in 1988 and North Palm Beach Marina in 1989. Over the years, all three of the marinas' docking facilities have been replaced from the water/ground up always keeping the environment and their boater friendly motto in mind.

Old Port Cove Marina was the first marina facility in Palm Beach County to be designated as a "Clean Marina" by the Florida Department of Environmental Protection and North Palm Beach Marina and New Port Cove Marine Center soon followed furthering the company's commitment to the conservation and protection of the Lake Worth Lagoon. 

"The Old Port Cove team and their first-class collection of assets are a great addition to our ever-growing portfolio," said Jason Hogg, Senior Vice President of Safe Harbor Marinas.  "We understand just how special these assets are, and we are committed to see them grow and thrive for years to come."

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

About American Infrastructure Funds
American Infrastructure Funds is the controlling shareholder of Safe Harbor Marinas, and is a leading private investment firm bringing innovative investment capital and operating insights to support the growth of infrastructure, real estate, and natural resource-related businesses. For more information visit www.aimlp.com.


Old Port Cove Holdings, Inc. Logo

SOURCE Safe Harbor Marinas

These press releases may also interest you

at 14:44
Sunday 18/11/2018 PICK-2:  9   2 PICK-3:  3   0   8 PICK-4:  6   9   2   8 ENCORE:  0859150 DAILY KENO 2,  6, 11, 13, 18, 21, 25, 27, 38, 41, 44, 52, 53, 54, 58, 59, 62, 64, 65, 68. SOURCE OLG Winners

at 12:15
DALLAS, Nov. 18, 2018 /PRNewswire-PRWeb/ -- Bright Light Volunteers has joined the Institute of International Education's Generation Study Abroad initiative to help more Americans to gain international experience through study abroad programs. This...

at 10:30
Get Your Ears On ? A Mickey and Minnie Celebration launches at the Disneyland Resort in January, inviting guests to the biggest celebration of Mickey Mouse and Minnie Mouse in Disneyland history. Mickey and Minnie have brought joy to millions of...

at 10:00
The World Ski Awardstm announced today that Hakuch?zan, a stunning 7-bedroom chalet in Niseko, Japan was voted by industry experts and winter enthusiasts as Japan's Best Ski Chalet in 2018. After being nominated in 2016 for World's Best New Ski...

at 00:31
Saturday 17/11/2018 LOTTO 6/49 estimated jackpot $9 million5, 17, 18, 34, 44 & 45. Bonus 27.  LOTTO 6/49 Guaranteed Prize39597325-01 ONTARIO 493, 5, 9, 27, 29 & 44. Bonus 35. LOTTARIO estimated jackpot $710,000 2, 5, 8, 35, 42 & 43. Bonus 34.Early...

17 nov 2018
Today at D23's Destination D: Celebrating Mickey Mouse, Disney Parks, Experiences and Consumer Products Chairman Bob Chapek shared exciting new details surrounding highly-anticipated experiences coming soon to Disney parks....

News published on 23 january 2018 at 08:00 and distributed by: