Dallas marina operator buys superyacht service center for $340 million
It marks the second major acquisition of 2021 for Safe Harbor Marinas.
Dallas-based Safe Harbor Marinas purchased the Lauderdale Marine Center in Fort Lauderdale, Fla., in May 2021 for $340 million.(Courtesy of Safe Harbor Marinas / Safe Harbor Marinas)
11:38 AM on May 4, 2021 CDT
Dallas-based Safe Harbor Marinas is acquiring its second superyacht service center this year with a $340 million deal for Lauderdale Marine Center in Ft. Lauderdale, Fla.
The transaction for the 60-acre service and repair facility closed Monday.
The marine center, founded in 1997, has 106 slips, employs more than 100 workers and houses hundreds of marine industry tenants and contractors.