SVN Florida advisor David Kendall reports on International Marina & Boatyard Conference
International Marina & Boatyard Conference (IMBC) attracts hundreds of people who are passionate about marinas and boating. This is the premier conference for people who play a significant role in the marine industry. Our own senior marina advisor David Kendall, who specializes in marinas and boatyards for SVN Florida, was there for opening day of the 16th annual convention — this year in New Orleans — to take in the sights and sounds.
“The theme for industry is that business is growing, and boat sales are still going strong,” said Kendall, who has established himself as a knowledgeable resource to marina owners, operators, private equity groups and developers with whom he consults with on a regular basis. “The challenge is attracting new customers while retaining existing clientele.”
He said attendees are learning best practices from fellow marina owners, and they will take that knowledge home and apply to their own operations. He noted that the conference, sponsored in part by SVN, was packed with vendors.
“There are over 200 vendors providing valuable products and services for the marina and boatyard industry,” he said. “It’s incredible to see how this industry is evolving.”
Kendall also said marina developers and component suppliers were well-represented at the show.
“There are a plethora of folks who own and operate facilities,” he said. “They come here to gain market knowledge and a competitive edge to apply their operations back home.”
Marina owners from across the globe are attending, and Kendall has spoken to operators from New Jersey, Michigan, Oregon, Canada and elsewhere. SVN Florida, with Kendall’s experience, has expanded its marina offerings beyond the Sunshine State, recently listing a 50-acre marina development in Texas that is permitted for 300 slips. Watch Video
“Sure, there are plenty of marinas in Florida that are keeping us busy, but with SVN’s platform we are able to provide valuable marketing and consulting service to marine facilities beyond the state,” Kendall said.
SVN, a commercial real estate brokerage firm headquartered in Boston, is one of the industry’s most recognized brands based on the annual Lipsey Top Brand Survey. With more than 190 locations in 500 markets, SVN Commercial Real Estate Advisors provide sales, leasing and property management services to more than 5,550 clients worldwide. The Florida team consists of more than 90 advisors serving locations across the state. SVN advisors represent clients in office, multifamily, retail, industrial, self-storage, hospitality, marina, mobile home park and land transactions. All SVN offices are independently owned and operated. For more information on SVN Florida, visit www.svnflorida.com. For the latest news, trends and issues related to the commercial real estate market, visit SVN Florida’s blog https://svnflorida.com/category/blog/.