Maryland Marina, an 18.5-acre operation in Middle River, was sold to Taylor Merchantile, the wholly-owned subsidiary of Mongo Holdings, and Keel Funds.
Over the past year, Mongo Holdings has partnered with Atlanta-based partner Keel Funds. Keel Funds is led by Bill Boden and Chris Carlton, who collectively have over 40 years of experience in property investment and development.
Together with the strong and experienced on-site management team inherited from the purchase, Keel Funds plans to start working on various growth initiatives and will continue to do so over the coming seasons.
The facility includes a 4,000 square foot restaurant, 360 wet holds for boat storage and a capacity of over 600 boats for dry storage, accommodating vessels up to 60 feet in length.
Planned enhancements to the facility include a boat rental offering, future expansion of our boat storage capacity/options, and the possible addition of a new fuel dock and retail store at the ship detail.