Nordhavn

In 1973, Jim Leishman and Dan Streech met and formed a friendship while both were working at a yacht brokerage/dealership in Dana Point, California. Both had a love for the sea and had already accumulated thousands of offshore sailing miles. Dan had cruised for one year aboard his family’s 54-foot Alden yawl, Malabar VII, and Jim had made a passage to Hawaii as well as local cruising on his family’s sailboat. When the dealership closed in 1974, Jim and Dan together with Joe Meglen formed a small brokerage in Dana Point, which would evolve into the present day Pacific Asian Enterprises. In the first years, the business was comprised of general yacht brokerage and the importation of the venerable CT boats from Taiwan. In 1976, PAE began importing another line of boats from Taiwan called the Transpac 49. Over an eight-year period, the company imported, sold and delivered 35 Transpacs.