Southern Marinas Acquires Rivers Edge Marina

On October 31, Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced the purchase of Rivers Edge Marina in North Charleston, South Carolina. Rivers Edge Marina sits on Charleston’s Ashley River. It is located near the historic Ashley River Plantations and six miles from the Charleston Harbor.

The deep-water, full-service marina encompasses 460 dry slips in a protected, drystack building and 54 wet slips. The facility includes a fuel dock, ship’s store, captain’s lounge and picnic area.

“We are fortunate to acquire such a wonderful asset in a great boating community,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Rivers Edge Marina is the perfect addition to our growing portfolio of marinas that will extend our footprint into the South Carolina market.

This purchase will mark Southern Marinas fourth acquisition this year.