Integra Investments Acquires Williams Island Marina In Aventura

Miami-based real estate investment and development firm Integra Investments, through its Integra Marinas platform, announced the acquisition of Williams Island Marina in Aventura, located mid-way between Miami and Fort Lauderdale.

The property marks Integra’s ninth marina acquisition to date and its sixth active marina alongside partner BLG Capital Advisors and other private investors. Integra acquired the marina from H. Scott Huizenga, who led the marina throughout his ownership since 2004.

The acquisition of Williams Island Marina further elevates Integra Marinas’ portfolio of best-in-class assets in premier boating markets due to its location and stature as an outstanding boating destination within an unrivaled community. Situated at 4100 Island Boulevard within the 2,000-resident master-planned Williams Island community, the marina spans 14 acres and offers 106 wet slips, constructed with a combination of fixed and floating concrete docks. It is capable of berthing vessels up to 160 feet in length with unobstructed deep-water access from the Intracoastal Waterway.

“The acquisition of Williams Island Marina is a testament to our core strategy of selectively growing our marina portfolio with the best assets in top boating markets,” said Cory Yeffet, a Principal with Integra Investments. “Having grown up in the surrounding neighborhood, it’s exciting to build upon Integra’s past success – Aventura ParkSquare – and continue our investment in the Aventura community.”

Williams Island Marina boasts a unique, protected harbor and a surrounding extensive amenity offering. The community of Williams Island offers boaters the opportunity to access the Williams Island club, which includes an expansive spa and fitness center, multiple dining venues, tennis and pickleball courts, and an indoor and outdoor swimming pool. The marina also includes a boutique office space, featuring a private gym, locker rooms and a lounge available for the exclusive use of boat owners, captains, and crew.

“Williams Island Marina is fully occupied year-round, showcasing the tremendous demand for a high-quality marina in an incredibly high-barrier-to-entry market,” added Victor Ballestas, a Principal with Integra Investments. “This marina is an anchor asset in our growing portfolio and our second in Miami. We’re excited to operate, enhance, and enjoy Williams Island as active boaters ourselves.”

Oasis Marinas, a leading marina management company, will manage the property.

Integra Marinas is a vertically integrated owner, developer, and operator of premier marinas in key coastal boating markets. Today, the platform includes over 1,500 berths, and is one of the only true, turn-key real estate investors and developers in the space. Focused on creating value for its partners, Integra Marinas has committed hundreds of millions in capital investment to date, and is focused on providing a superior, boater-focused experience across its portfolio. The firm’s portfolio includes marinas in the Florida Keys, Miami, Tampa Bay, Jensen Beach, and Rhode Island.

 

 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!