Blackstone Amasses 200 Marinas After $5.6 Billion Safe Harbor Deal
Updated
Updated · The New York Times · Sep 20
Blackstone Amasses 200 Marinas After $5.6 Billion Safe Harbor Deal
1 articles · Updated · The New York Times · Sep 20
Summary
Blackstone’s infrastructure fund has gone from owning no marinas in 2024 to roughly 200 today, making it the world’s largest marina owner.
A $5.6 billion purchase of Safe Harbor in early 2025 drove the expansion, adding a network that then included 138 marinas across the United States and Puerto Rico.
Safe Harbor also operates nine Mediterranean marinas in hubs such as St. Tropez, Antibes and Monaco, extending Blackstone’s reach into large-yacht markets.
Demand is being fueled by wealthier buyers purchasing bigger, costlier boats that need scarce waterfront docking, repair and service infrastructure.