Suntex Acquires Pleasure Cove Marina

DALLAS, TEXAS – Suntex Marina Investors, LLC (Suntex), the premier owner and operator of best-in-class marina properties, announced today the acquisition of Pleasure Cove Marina, located on Lake Berryessa in Napa, California. The facilities at Pleasure Cove Marina include boat slips, a convenience store, fuel dock and boat, PWC, kayak and canoe rentals. In addition, the property includes four- and eight-person cabins and 140 camp and RV sites providing overnight accommodations for those wanting to experience the fun of Lake Berryessa while staying ashore.

“We are very pleased to continue our expansion in California,” said Quinn Heidenreich, director of investments at Suntex Marinas. “Pleasure Cove Marina is a very popular vacation destination located on pristine Lake Berryessa. By investing in the facility and staff, we look forward to enhancing the overall customer experience offered to visitors of the Napa Valley region.”

Lake Berryessa is one of California’s largest bodies of fresh water with over 165 miles of shoreline. Just an hour from San Francisco, Lake Berryessa is nestled between Blue Ridge and Cedar Roughs, offering year-round recreation opportunities for the whole family. Just east of Napa Valley and the wine-growing region of Northern California, Lake Berryessa is a popular recreation destination for over 1.5 million visitors each year. Summer water temperatures reach 75 degrees, making Berryessa the perfect destination for water sports. The lake is also a popular fishing location for both cold- and warm-water species.

The Suntex portfolio of 48 marinas are located in California, Florida, Georgia, Iowa, Kentucky, Maryland, Massachusetts, New Jersey, Oklahoma, Texas, Tennessee and Virginia. For more information on Suntex Marina Investors LLC, or the complete portfolio of Suntex marinas, visit www.suntex.com.

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