Stella Marinas Acquisition Creates Major Chesapeake Bay Marina Hub Through Strategic Partnerships

The joint venture between Stella Marinas and Drake Real Estate Partners has acquired South River Marina and Turkey Point Marina & Yacht Club, creating a combined facility with over 500 wet slips and dry racks that ranks among the largest marinas on the Chesapeake Bay. This strategic consolidation positions the property as a comprehensive boating destination offering lift slip and dry rack storage for powerboats up to 40 feet, full marine services from experienced technicians, fuel services, dry winter storage, and enhanced amenities.

The location's significance stems from its central positioning just 30 minutes from both Washington, D.C. and Baltimore, and only five miles from Annapolis, situated in a protected cove with quick access to the Chesapeake Bay. This geographic advantage makes it an ideal home port for boaters seeking convenience and accessibility to major metropolitan areas while enjoying protected waters.

Stella Marinas is further enhancing the offerings through two key partnerships announced alongside the acquisition. Five Star Hospitality will operate the High Tide Grill, serving casual waterfront fare that complements the marina experience. Additionally, Rudy Marine will establish an on-site sales presence offering Jeanneau outboard-powered cruisers and Bentley pontoon boats, creating a one-stop destination for both boating services and vessel acquisitions. These partnerships align with Stella Marinas' strategy to create a marina destination where boaters can dock, dine, refuel, and relax in a single location.

Ryan Comisky, Owner of Stella Marinas, emphasized the strategic value of combining these exceptional properties to serve boaters who value a convenient and enjoyable boating lifestyle. The acquisition represents Drake Real Estate Partners' value-add strategy investing in high-quality real estate while enhancing the Edgewater boating community. The marina's comprehensive services, planned upgrades, and strategic partnerships position it as a significant player in the Chesapeake Bay marine industry, offering boaters enhanced convenience and expanded amenities in a prime location.