Boston— Bain Capital Real Estate and BlueWater Marinas have acquired Bayside Marine, a full-service marina in Duxbury, Massachusetts, marking the fifth marina purchase under their joint venture.
Located on Duxbury Bay with direct access to Cape Cod Bay, Bayside Marine has served the South Shore boating community since 1949. Family-owned and operated by the Kent family for more than seven decades, the marina has built a reputation for operational excellence in one of the state’s most affluent and supply-constrained coastal markets.
The property offers a comprehensive suite of services, including boat storage, maintenance and repair, and boat sales. Bayside is also an authorized dealer of Grady-White boats, further positioning it as a one-stop destination for recreational boaters across the South Shore and greater Cape Cod region.
Andrew Terris, Partner at Bain Capital Real Estate, said the acquisition expands the firm’s footprint in the Northeast and complements its prior purchase of Glyn’s Marine on Nantucket. He noted that the investment reflects the firm’s strategy of building a portfolio of high-quality marina properties along the East Coast.
Joe Miller, Principal at BlueWater Marinas, described Bayside as a deeply rooted and highly respected business within the New England boating community. He emphasized that the marina’s broad service offerings, prime waterfront location, and multi-generational legacy align with BlueWater’s approach to investing in strong operators in key coastal markets.
The Kent family will remain in place to lead day-to-day operations, ensuring continuity for customers and staff as the marina enters its next phase of growth.
Bain Capital Real Estate focuses on investments in sectors supported by long-term demand trends and has invested and committed more than $10.7 billion in equity as of September 30, 2025. Its parent company, Bain Capital, manages approximately $215 billion in assets worldwide.
Headquartered in Charleston, South Carolina, BlueWater Marinas acquires, develops, and operates coastal marina properties, including both dry and wet slip facilities, with a focus on building a portfolio of Class A marina assets in prime East Coast markets.
