TopSide Marinas Acquires Two Michigan Marinas

TopSide Marinas, a family-owned company that acquires and operates high-quality marinas around the country, announced the acquisition of two marinas on the scenic shores of Lake Michigan, including Bay Marine of Sturgeon Bay and Bay Marine of Chicago. Previous owners, Matt and Mark Felhofer, will continue to own and operate Bay Marine Yacht Sales, which will lease back showroom and office space at both locations.  These two marinas are both well-established and highly sought-after destinations for boat owners and enthusiasts. With this acquisition, TopSide Marinas now owns and operates a total of 10 marinas across six states.

Bay Marine of Sturgeon Bay was established in 1965 as a family-owned and operated marina, spanning 16 acres with 100 wet slips, 115,000 square feet of inside storage, a service shop and captain’s lounge. The marina’s wet slips at the former Sturgeon Bay Yacht Harbor were recently renovated in 2022, now offering the highest quality wet slips in the area.

Bay Marine of Chicago was built in 2016 and is in Waukegan, Illinois, less than a mile from TopSide’s other marina, the historic 91-year-old Larsen Marine. Bay Marine of Chicago serves the Chicago and Milwaukee markets, providing 40,000 square feet of inside storage, 7,000 square feet of office space, and a comprehensive service operation.

TopSide Marinas is continuing its focus on expanding their footprint in key destinations across the country. By leveraging its expertise in property management and top-notch customer service, TopSide Marinas aims to elevate each marina’s offerings while preserving their unique charm and character. In addition to these two recent acquisitions, TopSide Marinas also owns and operates marinas across the country including: April Plaza Marina, Beavers Bend Marina, Cape Fair Marina, Hideaway Marina, Galveston Yacht Marina, Larsen Marine, North Point Marina and Rock Creek Marina.