Genmar Puts Up Two Boat Manufacturing Sites

MINNEAPOLIS-Locally based Genmar Holdings Inc., a marine equipment manufacturer, has hired NorthMarq Corporate Solutions to sell two of its industrial properties in different states. The sites, used to make boats, make up about 760,000 sf in Florida and Oregon.

The property in Sarasota, FL has 600,000 sf in 15 buildings on a 40-acre site. The property includes 40,000 sf of office space, and the rest is light industrial, says Mark Houge, SVP with NorthMarq.

The Culver, OR property has 160,000 sf in five buildings, on a 26-acre site. However, as of the time of publication, one of the buildings, at 4,000 sf, has been purchased, Houge says.