Worth Avenue Yachts Announces the Sale of Harbour Island

PALM BEACH, Fla. – Worth Avenue Yachts is delighted to announce the sale of the 2011, 180’ (54.9m) Newcastle, Harbour Island. Included in the sale of Harbour Island was the trade of the 2008, 130’ Westport Sovereign, which sold to another buyer and closed the same day.

“The convergence of four industry leading companies working together on this deal is a sign of strength and an encouraging sign of things to come,” said Michael Mahan, partner with Worth Avenue Yachts. “It’s been tremendously rewarding working with such a great team on the sale of this exceptional yacht.”

Michael Mahan of Worth Avenue Yachts represented both buyer and seller in the Harbor Island sale, a joint central listing with Peter Thompson and Mike White at Ocean Independence. Bryan Long of Westport Yacht Sales represented the buyer of the Westport, Sovereign. Kevin Merrigan of Northrop & Johnson acted as a special consultant to the buyer of Harbour Island.

“It has been a pleasure to work with Worth Avenue Yachts and Ocean Independence,” said Steve Hudson, owner of Harbour Island. “Their integrity and professionalism throughout the entire process was integral to completing these transactions.”

Harbour Island will now be named Sovereign and the Westport will now be named Days Like This.

“It has been a very pleasant and worthwhile experience to work with Michael Mahan of Worth Avenue Yachts and special consultant Kevin Merrigan from Northrop and Johnson in completing this transaction,” said the buyer of Harbour Island. “They both represent some of the best people in the business.”

Built by Newcastle Shipyards in Palm Coast, Florida, Harbour Island is built to ABS Maltese Cross A1 YS, AMS, is MCA compliant and has trans-Pacific range. At 1100 GRT, the steel-hulled superyacht is powered by twin 3512B Caterpillar engines producing 2820 bhp and sleeps 14 guests in six staterooms including two master suites and a VIP guest suite. Other features include an infinity pool/Jacuzzi and a stern garage.

Founded by industry-leading brokers Brian Tansey, Michael Mahan and Simon Gibson, Worth Avenue Yachts brings an innovative approach to yacht brokerage services. Working in teams, the group has shifted from the traditional brokerage business plan and instead offers each client the collective knowledge of the entire brokerage, allowing team members to freely exchange information to better serve the client’s needs.

From its location on world-famous Worth Avenue on the elegant island of Palm Beach, one of the most exclusive yachting communities in the world, Worth Avenue Yachts offers sales, charter, and new construction services.

For more information please contact Michael Mahan at michael@worthavenueyachts.com or +1 561-833-4462 or visit WorthAvenueYachts.com. 150 Worth Avenue Suite 136 Palm Beach, FL 33480.