2550 South Bayshore Drive, Coconut Grove (JLL)
Suntex Marina Investors bought the long-term lease for Monty’s Raw Bar and Prime Marina Miami in Coconut Grove for $14.7 million, records reveal.
Dallas-based Suntex Ventures purchased the 70-year lease for the marina, also called Bayshore Landing, at 2550 South Bayshore Drive earlier this month. Aligned Bayshore Raw Bar LLC, tied to Jose Hevia’s Prime Marina Group, sold the property.
Records show Aligned Bayshore Raw Bar assigned the lease to Coconut Grove F&B LLC, a Delaware corporation signed by Bryan C. Redmond, the president of Suntex Marinas. Hevia, principal of Prime Marina Group, signed on behalf of Aligned Bayshore Raw Bar.
How much Suntex paid for Bayshore Landing marina in Miami Coconut Grove - South Florida Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Suntex Acquires Miami Marina
Suntex Marina Investors
announced in statement that it acquired Prime Marina Miami. The facility is in Coconut Grove, Fla., and serves downtown Miami. Suntex said it is calling the marina Bayshore Landing, its previous name.
The property includes 111 slips for boats to 130 feet, 30,000 square feet of retail space and 15,000 square feet of restaurant space.
“Suntex is actively growing and seeking acquisitions that align with our core objectives to be the premier marina operator in the U.S.,” said David Filler, head of Florida-based Suntex Investments. “Biscayne Bay and the surrounding neighborhoods like Coconut Grove represent one of the greatest boating communities in the world.”