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Portsmouth's Stone Bridge Marina Sold for $1.1m

The Stone Bridge Marina at 17 Point Rd., Portsmouth, has been sold for $1.1 million, according to Lila Delman Real Estate.The commercially zoned property includes a 44-slip marina, retail space, and a three bedroom living space. Delman associate Gregory Arakelian was the listing agent and buyer facilitator.

The seller was Stonebridge Marina LLC, the buyer was Stone Bridge Holdings LLC, and the sale closed on April 13, according to the Delman agency. Catherine J. Iafrate of Portsmouth is listed in state corporation records as the authorized person for Stonebridge Marina LLC and Eric J. Peterson of Charlestown is listed as the authorized person of Stone Bridge Holdings.

Bruce White, co-owner of Stone Bridge Marina, will be managing daily operations there, according to the agency; he was formerly the general manager at Westwind Marina in Newport, and currently is the general manager at the St. Thomas Yacht Club in the Virgin Islands.

The Stonebridge Shellfish Co. is a tenant on the first floor of the building.