Suntex Marina Investors LLC, the premier owner and operator of more than 40 first-class marina properties in the U.S., announced recently that it acquired the Loggerhead Marina portfolio. According to a press release, 11 Loggerhead Marina properties located throughout Florida are now part of the Suntex portfolio.
The Loggerhead Marina facility in Hollywood, Fla., is one of 11 properties Suntex recently acquired. Photo courtesy Suntex
“This transaction will be transformational for Suntex and our efforts to continue to provide an unmatched customer experience around the country,” said Bryan Redmond, founding principal of Suntex. “The Loggerhead Marina acquisition greatly expands our ability to offer our Suntex customers access to prime marina locations and amenities throughout the state of Florida.”
Suntex’s Mitchell Jones, another company principal, also expressed his excitement over the Loggerhead marina locations, which are designated ‘Clean Marinas’ under the State’s Clean Marina Program.
“Not only are the Loggerhead properties the perfect complement to our existing marina portfolio, they share our deep and driving commitment to the environment and clean and responsible boating,” Jones said. “Every Loggerhead property participates in the Responsible Boating Initiative and we will apply those same practices to all of our Suntex locations.”
With Loggerhead’s combined 2,300 slips located in luxury locations stretching from Miami to Daytona Beach and out to Florida’s west coast, this purchase makes Suntex Marinas the largest marina operator in Florida.
“Suntex is renowned for offering the finest facilities in the industry,” said Raymond Graziotto, president of Loggerhead Marinas. “We are excited to be part of a brand that shares our core values of providing the highest-quality family experience as well as protecting our environment for the enjoyment of current and future generations.”
As part of the purchase, Suntex has committed to maintain a philanthropic partnership with Loggerhead Marinelife Center. A “from rescue to release” non-profit facility focused on ocean and sea turtle conservation, the facility houses a variety of exhibits, other coastal creatures and a working sea turtle hospital. Suntex also is now one of the largest corporate donors to Loggerhead Marinelife Center, which hosts more than 300,000 guests per year, free of charge.
“In addition to the purchase of Loggerhead Marinas, we are humbled to be able to help support the work of Loggerhead Marinelife Center,” Jones said. “Our goal is not only to provide our members the most memorable boating experience, but to leave behind a legacy of pristine waterways for generations to come.”