CrossCore Purchases Dennis Point Marina

CrossCore Investment Group, a boutique real estate investment and management firm based in Washington, D.C., led a partnership that has purchased Dennis Point Marina and Campground in St. Mary’s County, Maryland, for an undisclosed price. The property, located in Drayden on Cartheagena Creek, is CrossCore’s first investment in a leisure property adding to interests in the multi-family, office, retail, and hospitality sectors. 

Andrew Cantor, Dan Grovatt, and Matt Putnam of Colliers’ Leisure Property Advisors group represented the seller, Dennis Point Partners.  

Dennis Point is located just off the mouth of the St. Mary’s River, minutes from the Potomac River, and boasts nearly 3,200 feet of shoreline. The 49-acre property has 81 deep-water slips and a waterfront campground with 121 RV, travel-trailer and tent sites. Amenities include a pool, golf cart and kayak rentals, ship’s store, cabin, housing accommodations, and a seafood restaurant – Capt Pat’s @ Dennis Point. There is also a working boatyard with the largest travel boat lift on the Potomac River. 

CrossCore has brought together a partnership with experience in marinas, campgrounds, and hospitality to reposition the project and, with its on-site team, will be upgrading the campground facilities, expanding amenities, and improving the wet slips and service capabilities to create a regional destination. The real estate investment management and advisory firm has offices in Easton, Maryland, and in Washington, D.C.