Suntex Marinas Acquires Fair Haven Yacht Works

Dallas, Texas – Suntex Marina Investors, LLC (Suntex), the premier owner and operator of best-in-class marina properties, announced today it has acquired Fair Haven Yacht Works in Fair Haven, New Jersey.

Fair Haven Yacht Works is a family-oriented, full-service marina located on the scenic Navesink River. A safe, secure and protected facility, the four docks offer 81 slips that can accommodate boats from 15- to 55-feet in length and a large mooring field. Each slip has metered 30- and 50-amp electric, water, Wi-Fi, and the marina has private restrooms and showers available to guests. Onsite maintenance services are provided by Suntex partner Two River Marine LLC, equipped with a 15-ton Marine Travelift and 10-ton forklift. Their certified technicians can perform all winterization, spring commissioning services and mechanical repairs.

“We are thrilled to be acquiring another choice Jersey Shore property,” said Sam Chavers, Suntex Marinas Senior Vice President of Operations, Coastal Marinas. “This area is continuing to grow in popularity and we are eager to invest in the development of resources for the community and visitors to enjoy.”

Just a short distance from Fair Haven Yacht Works is New Jersey’s iconic “Jersey Shore”, which boasts approximately 130 miles of Atlantic coastline. The Jersey Shore is famous for its beaches and boardwalks stretching from Sandy Hook in the north to Cape May in the South. The Navesink River is a perfect destination for year-round boating. The river is a major recreational location for powerboating, fishing, kayaking and sailing around some of the most affluent neighborhoods in New Jersey. Fair Haven is a short distance from Sandy Hook and has easy access to New York City with the Seastreak Ferry and New Jersey Transit Station.

The Suntex portfolio includes marinas located in Arizona, California, Florida, Georgia, Illinois, Iowa, Kentucky, Maryland, New Jersey, New York, Oklahoma, Texas, Tennessee and Virginia. For more information on Suntex Marina Investors LLC, or the complete portfolio of Suntex marinas, please contact or visit www.suntex.com.

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