Marous Development Group acquires business and leasehold rights of the Battery Park Marina
Battery Park Sandusky LLC, an affiliated entity of Marous Development Group, (“Marous”) based in Willoughby, Ohio, is pleased to announce the acquisition of the business and leasehold rights of the Battery Park Marina in Sandusky, Ohio.
“Our acquisition of the Battery Park Marina adds another gem in our portfolio of investments in the City of Sandusky,” says Chip Marous, Managing Member, Marous Development Group. “As with our other Sandusky projects – The Columbus Avenue Revitalization mixed-use development, including City Hall, apartments and retail; the Resort and Attraction Management School joint venture with Cedar Fair, including our new Falcon Point Lofts apartments; and our ongoing renovation and adaptive reuse of the Feick Building – our plan is to transform and manage these crown-jewel assets for many years to come, for the good of a community that has welcomed us with open arms.”
Marous is also pleased to announce that Oasis Marinas, a national marina management company based in Annapolis, Maryland with operations in the Great Lakes, has been awarded the management contract for Battery Park Marina in Sandusky, Ohio.
Battery Park Marina serves as a premier property for Oasis Marinas being situated in Downtown Sandusky and adjacent from Cedar Point Amusement Park, one of the city’s landmarks. Adding to their growing portfolio, this will be the company’s fourth marina under management in the Great Lakes. Oasis Marinas will oversee the day-to-day slip and marina management activities, boat services, facilities and grounds maintenance, marketing activities, new development, and more at Battery Park as part of their agreement.
“Sandusky is a lively city and we couldn’t be happier to have Battery Park as Oasis Marinas fourth property on Lake Erie,” says Dan Cowens, CEO and Founder, Oasis Marinas. “We can’t wait to offer our services to the people of Battery Park and continue on the legacy of this amazing property.”
Family who operated Battery Park Marina for over three decades says farewell and is pleased with Marous, Oasis and the future for Battery Park Marina.
“After more than 35 years of our stewardship of Battery Park and the Marina, the Pheiffer/Rengel families are pleased to announce the transfer of our business and leasehold rights to Battery Park Sandusky LLC, affiliated entity of Marous Development Group, along with the new marina operator, Oasis Marinas,” said previous owners Paula and David Rengel, Jane Petree, and Elizabeth Pheiffer, in a statement. “We look forward to seeing the realization of the vision that our father and brother, Paul and John Pheiffer, had for this jewel of the Sandusky waterfront. We fully support Battery Park Sandusky, LLC and Marous’ efforts to upgrade and improve the facilities, access, and utilization of this beautiful site.”
“For the past 35+ years, the Pheiffer/Rengels family has been an incredible steward of the marina and adjacent City-owned property,” says Eric Wobser, City Manager, City of Sandusky. “We owe them a debt of gratitude for their contribution to our community.” Wobser continued, “ We’re enthusiastic about the future of the site and Marous’ involvement – based on our already great relationship and existing public-private partnership on other projects. We’re also excited to welcome Oasis Marinas to our City – our community will benefit from its high-caliber management and operation of Sandusky’s Battery Park Marina.”
Marous Development Group
Marous Development Group is a real estate development firm with expertise in envisioning, planning and delivering the finest office, retail, residential, marina and mixed-use properties. Throughout the years, we’ve earned an outstanding reputation by establishing and honoring relationships, proving our commitment to projects and communities and executing incredible visions to transform neighborhoods. Sandusky-area projects include: The Columbus Avenue Revitalization, Cedar Fair and BGSU’s Resort and Attraction Management School, Falcon Point Lofts, and The Feick Building. Learn more about us at www.marous-dg.com.
About Oasis Marinas
Oasis Marinas was founded in 2014 and is a privately held marina management company based out of Annapolis, MD. The company provides marina management services to marina owners that support all aspects of the marina, including boat slips, provisions, fuel docks, and the associated contracts with the vendors running the maintenance services, restaurants, and other business services such as marina redevelopment and construction. Oasis’ mission is to incorporate a consistent, fun, welcoming, and well-maintained environment in every Oasis-managed marina. Oasis Marinas was founded by a group of boaters with executive expertise in hospitality and technology who are dedicated to creating a high-quality experience. The Oasis Marinas portfolio is closing on nearly 40 amazing properties, 6,500 wet & dry slips under management, and hundreds of RV pads, spanning from the Northeast, the Chesapeake Bay and Potomac, down to the coast of Florida. Learn more about us at www.oasismarinas.com.