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Tribune News Service
Tribune News Service
Business
Matthew Griffin

Why landlocked Dallas is emerging as an epicenter for marina buyouts

DALLAS — From its landlocked spot in the middle of the country, Dallas is becoming the nation’s hub for companies buying up places to store boats.

Dallas is home to the two largest players in the marina industry, Safe Harbor Marinas and Suntex Marina Investors. They’re acquiring marinas around the country, advancing a trend of consolidation that took off within the last decade as institutional investors woke up to the steady revenue opportunities marinas presented.

Nearby Frisco is the home of TopSide, a company launched in 2020 by two former Suntex executives that now owns three marinas in Texas and Oklahoma. TopSide and its founders and investors see plenty of room for expansion in an industry where many businesses are still family owned.

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