Trident Marine Group Acquires Coastal Properties Management

The Annapolis-based Trident Marine Group, a maritime property management and consulting firm, has acquired Coastal Properties Management, Inc. The owners viewed the merger as an opportunity to benefit the clients of both organizations.

“Trident Marine Group remains focused on delivering exceptional customer service to our clients, who are both marina owners and slip holders,” said Trident CEO Jeremy Parks. “With the addition of new clients, we aim to maintain the individuality and uniqueness of the marinas we serve while making sure current best practices are in place.”

Among more than a dozen marinas now in the Trident Marine Group are: Bowley’s Marina in Middle River, Nabbs Creek Marina and Yacht Yard in Glen Burnie, Chesapeake Harbor Marina and Annapolis Maryland Yacht Club in Annapolis, Fort Washington Marina in Fort Washington, Belmont Bay Harbor in Woodbridge, and Little Creek Marina in Norfolk, VA.

“The entire Coastal Properties team is thrilled to be joining with Trident Marine Group to create a greater enterprise for our customers and properties through this merger,” said Bruce Wagner of Coastal, who will continue with Trident as the vice president of maritime operations.