Safe Harbor Marinas has purchased its 80 marina, New England Boatworks of Portsmouth, R.I. The company now has marinas in 18 states.
“We’re incredibly fortunate to add New England Boatworks to our network of marinas,” Jason Hogg, senior vice president of investments for Safe Harbor Marinas, said in a statement. “We already had a robust presence in Narragansett Bay with five locations; NEB gives us a 6. NEB is one of the most renowned boatyards in the country and it will be a cornerstone for our boaters in Narragansett Bay. We’re also very excited about growth projects already permitted and expansion opportunities we intend to pursue at this unique property.”
NEB offers more than 360 deep-water slips and the facility has a reputation for expertise in the construction and restoration of sail and power yachts.