Bain Capital Real Estate and BlueWater Marinas have acquired Bayside Marine, a full-service marina located in Duxbury, Massachusetts. Terms of the transaction were not disclosed. Bayside is the fifth marina acquired by Bain Capital and BlueWater as part of their joint venture.
Family-owned and operated by the Kent family since 1949, Bayside Marine is situated on Duxbury Bay with direct access to Cape Cod Bay. According to Bain Capital and BlueWater, the property serves as a premier launch point for fishing and cruising across the South Shore and the greater Cape Cod region.
“Bayside represents a compelling opportunity to invest in a high-quality, full-service marina that expands our presence in the Northeast,” said Andrew Terris, a partner at Bain Capital Real Estate. “This asset pairs well with our acquisition of Glyn’s Marine on Nantucket and reflects our strategy of building a portfolio of outstanding marina properties along the East Coast.”
