Suntex Marinas acquires Lynn Creek Marina

USA
31st January 2022

Suntex Marinas acquires Lynn Creek Marina

Suntex Marina Investors, the owner and operator of marina properties in the US, has announced the acquisition of Lynn Creek Marina
Business Type: Marina Operator

Suntex Marina Investors, the owner and operator of marina properties in the US, has acquired Lynn Creek Marina located on Joe Pool Lake in Grande Prairie, between Dallas and Fort Worth, Texas.

Joe Pool Lake at Lynn Creek Marina was built in 1989 by the Army Corp of Engineers, and has 7,500 acres of flood-controlled water and over 60 miles of shoreline.

The marina has 528 wet slips capable of accommodating vessels up to 50 feet and 116 dry storage stacks for boats up to 28 feet. Amenities include a complete ships’ store, a rental boat fleet, a gasoline dock, a boat ramp, covered slips and a full-service marine centre.

In addition, there is a 450-seat floating restaurant and bar, plus a golf driving range. Operating out of the marina is a 97-passenger capacity excursion boat equipped with slides, coolers, a Bluetooth stereo system, and BBQ.

Michael Warntjes, Senior Vice President, Operations, of Suntex Marinas, sees the acquisition as a time for development.

He said:

Bryan Redmond, CEO of Suntex Marinas, sees the planned growth as an exciting prospect.

He commented:

This latest move follows Suntex making a series of significant acquisitions in 2021. The Suntex portfolio includes marinas located in California, Florida, Georgia, Iowa, Kentucky, Maryland, New Jersey, Oklahoma, Texas, Tennessee, and Virginia.

About Suntex Marinas

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