Port 32 buys Lighthouse Point

USA: Port 32 Marinas has purchased Lighthouse Point Marina on the Intracoastal Waterway, one of South Florida’s most admired waterfront properties. It is the first marina acquisition by the new Port 32 leadership team.

“Lighthouse Point Marina is a special lifestyle property in an extraordinary location, tucked just inside the clear Atlantic waters of the Hillsboro Inlet. Here at Port 32, we love cruising with friends and family, saltwater fishing and ice-cold drinks on the waterfront, which makes Lighthouse Point a perfect fit for our growing portfolio of premier coastal marinas,” said Austin Schnell, the new CEO of Port 32 Marinas.
With 102 wet slips for boats of 25 to 80ft (8 to 24m) and a large popular restaurant with six visitor slips, the marina has been family-owned and operated for over 50 years and never been up for sale.
Julie Fisher Berry and Sheila Roux of CBRE represented Lighthouse Point for the sale. “The owners have built a loyal customer base by providing great service, operating an excellent restaurant, and keeping the marina in impeccable condition,” Fisher Berry said. “CBRE is honoured to have represented the owners and identified the buyer of this high-profile marina property.”
“Lighthouse Point Marina has been owned and operated by one family, the Spieker family, for over half a century,” added Maureen Canada, co-owner and former president of the marina. “As second-generation owner-operators, it was important for us to find a buyer that will respect what we have created and retain our staff and family culture with the intention of maintaining and even improving the site with time. We believe we have found that buyer with Port 32 Marinas.”
With the addition of Lighthouse Point, Port 32 seeks to grow its family of marinas within Florida and to expand strategically into new markets along the Atlantic Coast and Gulf of Mexico.