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Suntex acquires equity interest in Miami Beach marina

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Suntex Marina Investors has acquired an equity interest from RCI Group’s Miami Beach Marina. The state-of-the-art marina offers 400 slips with dockage for vessels up to 250 feet, and is located within minutes of South Beach and downtown Miami, and 15 minutes from Miami International Airport.

RCI and Suntex were recently selected by the city of Miami to redevelop the Virginia Key Marina, and Suntex also was selected by the city of Fort Lauderdale to redevelop the Las Olas Marina.

“With RCI’s expertise developing premier waterfront properties and Suntex’s renowned focus on customer experience and systems infrastructure, our Miami Beach Marina venture ensures that South Florida remains the No. 1 yachting destination in the world,” stated Robert Christoph, founder and chairman of RCI Group, in a company news release.

Recently, Suntex acquired some Loggerhead Marina properties, which participate in the Responsible Boating Initiative. According to a company statement, Suntex is committed to applying those same practices to all of its marina locations. The Responsible Boater Initiative works directly with boaters and marinas to provide communities with knowledge on responsible boating, fishing and diving practices in order to better protect marine life and the ocean ecosystem.

As part of this purchase, Suntex has committed to maintain a philanthropic partnership with the Loggerhead Marinelife Center in Juno Beach, Florida.

Suntex has 46 marinas in California, Florida, Georgia, Iowa, Kentucky, Maryland, Massachusetts, New Jersey, New York, Oklahoma, Texas, Tennessee and Virginia.

 

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