Suntex Marina Investors (Suntex) has expanded its Channel Islands Harbor holdings with the acquisition of Marine Emporium Landing in Oxnard, California.
Marine Emporium Landing receives almost a million guests per year, with the marina consisting of 12 slips for vessels ranging from 30ft to 100ft, all of which are leased to tenants that include whale watching, sportfishing, island touring and event charters.
The site also consists of three buildings with 38,500sqft of mixed office and retail tenants, including a sailing school, a yacht broker, real estate businesses, a dentist and several restaurants.
“Marine Emporium Landing is a beloved local anchor for sightseeing, shopping, dining and more, and we’re excited to take over that legacy as we continue to grow our presence in Channel Islands Harbor,” said Mike Warntjes, senior vice president of operations, Suntex Marinas.
“This area is a gateway to rich natural beauty and serves as a central, accessible location for recreation and commerce for many locals and visitors, and Suntex hopes to maximise these advantages and grow Marine Emporium Landing to new heights.”
The purchase of Marine Emporium Landing represents the fifth Suntex acquisition in Channel Islands Harbor, with previous purchases being Bahia Marina, Peninsula Yacht Marina, Seaside Boatyard and Westport Marina.
Channel Islands Harbor is located between Los Angeles and Santa Barbara and serves as a gateway to Channel Islands National Park which regularly hosts more than 250,000 visitors a year.
The Suntex portfolio includes marinas located in Arizona, California, Florida, Georgia, Illinois, Iowa, Kentucky, Maryland, Missouri, New Jersey, New York, Oklahoma, Tennessee, Texas and Virginia.