Bain Capital and BlueWater Marinas have acquired Boathouse Marine Center, a strategic dry-stack marina in Pompano Beach, Florida, to enhance their joint venture portfolio focused on high-demand boating markets.

Target Information

Bain Capital’s Real Estate team and BlueWater Marinas have announced their acquisition of Boathouse Marine Center (BMC), a premier dry-stack marina located in Pompano Beach, Florida. This acquisition marks a significant addition to the joint venture's growing portfolio, which aims to enhance its operations in high-quality, storage-centric marina properties along the East Coast. The financial specifics of this private, off-market transaction remain undisclosed.

Boathouse Marine Center is strategically located near the Hillsborough Inlet, in a high-demand area characterized by affluent demographics and robust year-round boating activity. The marina is positioned to leverage ongoing trends in the boating industry, capitalizing on significant supply-demand imbalances.

Industry Overview

The marina sector in Florida has exhibited remarkable resilience and growth potential, fueled by a consistent influx of boating enthusiasts and increasing consumer spending on rec