TidePoint Marina Collection has expanded its marina portfolio with the acquisition of Morgan Marina in Parlin, New Jersey. The company plans to make improvements at the facility to support future boating needs as it continues to grow its presence in the US marina sector.
Rebranded as Jersey Yacht Center, the marina is located on Cheesequake Creek with direct access to Raritan Bay and New York Harbor, and offers 210 wet slips and more than 400 dry storage spaces, alongside year-round storage options, boat service, haul and launch services, a ship’s store and fuel services.
Michael Smith, director of asset management for TidePoint Marina Collection, shared that the transaction closed on Tuesday, 14 July 2026. Rick Roughen at National Marina Sales facilitated the transaction, and financial terms were not disclosed.
Roughen stated: “We are proud to have successfully facilitated the sale of Morgan Marina. This transaction reflects the continued strength of the marina market and the enduring value of well-located waterfront assets. We believe this acquisition presents an exciting opportunity for the new ownership to build upon Morgan Marina’s long-standing reputation and continue serving the boating community for years to come.”
The company plans to make improvements at the property to accommodate and service larger, modern vessels, which it believes represent the future of Northeast coastal boating.
TidePoint Marina Collection operates under Conca Capital, a real estate investment manager focused on marina and industrial outdoor storage assets across the US. Its portfolio also includes Bonita Shores Marina & Park Housing on Possum Kingdom Lake in Graford, Texas, offering wet slips, tiny home lots, a ship’s store, fuel and boat rentals.
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