Bain Capital Real Estate and BlueWater Marinas have acquired Boathouse Marine Center (BMC), a dry-stack marina in Pompano Beach, Fla.
Financial terms of the private, off-market purchase were not disclosed.
Bain Capital and BlueWater formed a strategic joint venture in 2024 to acquire and operate high-quality, storage-centric marina properties in premier boating markets along the East Coast. BMC is the second asset in the joint venture’s portfolio, adding to the joint venture’s acquisition of Harbor at Lemon Bay, a dry-stack marina located in the Sarasota submarket of Englewood, Fla.
“Consistent with Bain Capital’s thematic, customer-oriented investment approach, the marina sector benefits from several long-term secular growth drivers, including very high structural supply barriers, increased consumer spending on experiences and sustained demand for larger boats,” said Andrew Terris, a partner at Bain Capital. “BMC represents a compelling opportunity
