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Colliers Arranges Sale of 31.17-Acre Surfside Marina to Morningstar Properties

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Key takeaways

  • Colliers arranged the sale of the 31.17-acre Surfside Marina in Surfside Beach, Texas, to Morningstar Properties.
  • Surfside Marina has 312 indoor dry storage racks, 38 wet slips, 69 secure storage lockers and 20 RV pads.
  • Colliers' Andrew Cantor, Matt Putnam and Dan Grovatt represented seller VIP Marinas; the buyer had no broker.

Colliers has arranged the sale of Surfside Marina, a 31.17-acre marina property in Surfside Beach, Texas, to Morningstar Properties, LLC. The sale price was not disclosed. Business & Financial published the announcement on November 13, 2026.

Colliers is a global diversified professional services and investment management company operating through commercial real estate, engineering and investment management businesses. Morningstar Properties is the buyer; the seller is VIP Marinas.

Colliers' Surfside Marina Sale Terms

Colliers arranged the sale of the marina at 827 Gulf Road, approximately 65 miles south of downtown Houston. Andrew Cantor, Matt Putnam and Dan Grovatt of Colliers, who specialize in leisure property advisory, represented VIP Marinas. The buyer was not represented by a broker.

"VIP Marinas doesn't sell assets often, so it was very important for us to create a positive situation for our employees and our marina members," said Austin Cameron, co-owner, founder and CEO of VIP Marinas. "The process Colliers ran was incredibly successful in getting maximum exposure in the market and allowed us to make an informed decision with that in mind."

The property has two adjacent campuses totaling 31.17 acres: a 29.57-acre main campus and a 1.60-acre secondary campus known as Barn C / Gulf Coast Marina, acquired in 2021. Surfside Marina features 312 indoor dry storage racks, 38 wet slips, indoor and outdoor trailer storage for more than 80 trailers, 69 secure storage lockers and 20 RV pads with full utility hookups.

"Surfside Marina has demonstrated steady operational growth and offers an opportunity to further enhance its performance through additional development," said Putnam, senior vice president at Colliers. The site has space for the buyer to add 2,000 square feet of retail space, previously occupied by a boat dealership, and Putnam said the footprint allows for another dry storage barn.

Colliers' Engineering Acquisitions

Colliers completed its acquisition of Ayesa Engineering S.A.U. for approximately $700 million in May 2026, adding over 3,300 professionals and expanding Colliers Engineering to 23 countries with more than 11,000 professionals, according to akta.pro company records. In March 2026, Colliers acquired Progedil, Rome's leading residential asset advisor, with 75 professionals and a track record of commercializing over 27,000 residential units valued at approximately €6.5 billion.

Colliers' Recent Brokerage Assignments

On November 4, 2026, Colliers brokered the sale of Edge on Washington, a 141-unit, 341-bed student housing community in Stephenville, Texas, to an undisclosed buyer, Business & Financial reported. On November 9, 2026, Colliers Switzerland, acting for Swiss Prime Site Immobilien AG, leased about 2,500 m² of office space in the Fraumünsterpost to an international tech company, FinanzNachrichten.de reported. On November 10, 2026, Colliers announced a board to support its Southwest growth, bringing together brokerage, property management and executive expertise, American City Business Journals reported.

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