Suntex Ventures, Marinas buys Snook Bight Marina

BUYER: ST Snook Bight LLC (ST Fund GP LLC), Dallas
SELLER: Snook Bight Marina LLC
PROPERTY: 4761 and 4765 Estero Blvd., Fort Myers
PRICE: $5 million
PREVIOUS PRICE: $5.9 million, July 2004
LAW FIRM ON DEED: Roetzel & Andress LPA, Naples

PLANS, DESCRIPTION:
Suntex Ventures and its subsidiary Suntex Marinas, a Dallas-based owner and operator of marina properties, purchased Snook Bight Marina on Estero Island for $5 million.

The marina includes 70 floating docks for boats up to 50 feet, 200 indoor dry storage slips, a marine service center, store, boat, kayak and paddle board rentals and a fuel dock. It is also home to the Bayfront Bistro restaurant and several charter boat operations.