Today on the Southern California Real Estate Report was talk about a Marina sale.
Safe Harbor bought the Sunroad Marina located on the far east side of Harbor Island.
The sale was for $84M.
It includes 600 boat slips.
The property is located on district tidelands which means the Port of San Diego commissioners had to sign off on the deal.
Real Estate can take many forms. In this episode we ask some interesting questions about the sale of the property and what capital expenses arise on marina properties.