BOSTON and CHARLESTON, S.C.  –  February 12, 2026 – BlueWater Marinas (“BlueWater”) today announced the acquisition of Bayside Marine (“Bayside”), a premier full-service marina located in Duxbury, Massachusetts. Bayside represents 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 has become a cornerstone of the Duxbury boating community and is supported by decades of operational excellence in one of Massachusetts’ most affluent and supply-constrained coastal markets. Situated on Duxbury Bay with direct access to Cape Cod Bay, the property serves as a premier launch point for fishing and cruising across the South Shore and greater Cape Cod region. Bayside operates as a full-service, one-stop destination for customers’ boating needs, including storage, service, and boat sales as an authorized Grady-White dealer.

Andrew Terris, a Partner at Bain Capital Real Estate, said, “Bayside represents a compelling opportunity to invest in a high-quality, full-service marina that expands our presence in the Northeast. 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.”

Joe Miller, a Principal at BlueWater Marinas, added, “Bayside Marine is a highly respected, deeply rooted business within the New England boating community. The property’s wide scope of services, attractive location, and multi-generational legacy align well with our approach to investing in high-quality marina operations in key coastal markets. We look forward to supporting the Kents and their team in continuing to deliver exceptional customer experience as they stay on to lead the day-to-day operations of the business.”

###

About Bain Capital Real Estate

Bain Capital Real Estate pursues investments in often difficult-to-access sectors underpinned by enduring secular trends that drive long-term demand growth for real estate assets and services. The Bain Capital Real Estate team has invested and committed over $10.7 billion of equity across multiple sectors as of September 30, 2025. Bain Capital Real Estate focuses on assets where the team applies its deep industry expertise to accelerate impact and drive operational improvements. Bain Capital Real Estate’s strategy aligns with the value-added investment approach that Bain Capital pioneered and leverages the firm’s global platform and significant experience across asset classes to further bolster its insights and sourcing capabilities. Bain Capital is one of the world’s leading private investment firms, with approximately $215 billion of assets under management. For more information, visit https://www.baincapitalrealestate.com.

About BlueWater Marinas

Headquartered in Charleston, South Carolina, BlueWater Marinas acquires, develop and operate coastal marina assets, including both dry and wet slips. Established by former executives and key team members of PORT 32 Marinas and Atlantic Marina Holdings, alongside several marina industry top performers, BlueWater Marinas brings unparalleled expertise in marina development and management, delivering exceptional service to its customers. With a proven track record, BlueWater Marinas will build and operate a distinguished portfolio of Class A marina assets in prime markets along the East Coast. For more information, please visit https://bw-marinas.com.

BOSTON & CHARLESTON, S.C. – January 09, 2026 – BlueWater Marinas (“BlueWater”) today announced the acquisition of Kent Narrows Boatel (“KNB”), a Class-A, heated drystack marina located just outside of Annapolis in Kent Narrows, MD. KNB will be the fourth marina added to the Bain Capital/BlueWater portfolio.

KNB opened in 2017 and has since become a cornerstone of the local boating community, given its commitment to quality operations and an impeccable physical plant. Situated off the Bay Bridge on the upper Chesapeake Bay and surrounded by popular waterways, the Boatel is conveniently located on Kent Island and serves as a premier access point to many of the Chesapeake Bay’s most sought-after waterways, with nearby waterfront dining, in-shore fishing, watersports, and popular day-trip destinations. The property offers 375 slips for annual, seasonal, and winter storage and boasts more than 12,000 square feet of ground-level commercial space.

Andrew Terris, a Partner at Bain Capital Real Estate, stated, “Kent Narrows Boatel is an outstanding addition to our growing portfolio. The property’s offerings, location, and modern infrastructure align perfectly with our strategy of investing in high-quality marinas in premier boating markets.”

Dunston Powell, BlueWater Principal and Head of Acquisitions, added, “Rob Marsh and Jody Schulz have built a phenomenal reputation for this site as its developers, owners, and operators. Today, KNB is one of the highest quality marinas in the Mid-Atlantic, attracting boaters from Annapolis, Washington, D.C., Baltimore, and Philadelphia due to its prime location, exceptional facilities, and unique climate-controlled winter storage. We look forward to working with the onsite team and further enhancing the customer experience for boaters throughout the region.”

About Bain Capital Real Estate
Bain Capital Real Estate was formed in 2018 and pursues investments in often hard-to-access sectors underpinned by enduring secular trends that drive long-term demand growth for real estate assets and services. The Bain Capital Real Estate team has been executing its strategy since 2010 (formerly as a part of Harvard Management Company), having invested and committed over $9 billion of equity across multiple sectors. Bain Capital Real Estate focuses on assets where the team applies its deep industry expertise to accelerate impact and drive operational improvements. Bain Capital Real Estate’s strategy aligns with the value-added investment approach that Bain Capital pioneered and leverages the firm’s global platform and significant experience across asset classes to further bolster its insights and sourcing capabilities. Bain Capital is one of the world’s leading private investment firms with approximately $185 billion of assets under management. For more information, visit https://www.baincapitalrealestate.com/.

About BlueWater Marinas
Headquartered in Charleston, South Carolina, BlueWater Marinas will acquire, develop and operate coastal marina assets, including both dry and wet slips. Established by former executives and key team members of PORT 32 Marinas and Atlantic Marina Holdings, alongside several marina industry top performers, BlueWater Marinas brings unparalleled expertise in marina development and management, delivering exceptional service to its customers. With a proven track record, BlueWater Marinas will build and operate a distinguished portfolio of Class A marina assets in prime markets along the East Coast. For more information, please visit https://bw-marinas.com.

BOSTON and CHARLESTON, S.C. – August 11, 2025 – Bain Capital and BlueWater Marinas (“BlueWater”), led by Joe Miller and Dunston Powell, today announced the acquisition of Glyn’s Marine (“Glyn’s”), a dry slip marina and service center on Nantucket Island in Massachusetts.  The private, off-market transaction was completed through an exclusive joint venture between Bain Capital Real Estate and BlueWater focused on acquiring and operating high-quality, storage-centric marina properties in premier boating markets along the East Coast.

Founded over 30 years ago and strategically located in the center of the Nantucket Island, Glyn’s Marine has built a strong reputation for providing winter storage and comprehensive marine services.  Initially started as a small service facility, the property has grown into one of the island’s largest service and storage providers.

“This acquisition is the first of many for the JV in the Northeast, and we can think of no better place to start than Glyn’s, which is a truly special asset in a top-tier boating market” said Mr. Miller.  “We’re excited to include this asset in our growing portfolio, and we believe Nantucket’s devoted boating community will appreciate both the operational expertise our partnership brings, as well as the commitment we have to upholding Glyn’s long-standing reputation .”

Glyn’s marks Bain Capital and BlueWater’s third acquisition since forming a strategic partnership.