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Goetz Custom Boats property sold in R.I.

Bristol Marine Holdings LLC recently purchased the 45,600-square-foot building that Goetz Custom Boats formerly occupied in Bristol, R.I.

The state-of-the-art facility will accommodate new and growing businesses in the marine trades industries. The addition of this location to Bristol Marine Holdings’ inventory of available space is important to the continuation of its successful track record of creating and attracting jobs to Bristol, the company said.

"The maritime tradition here in Bristol continues to play a key role in many lives. It seems there is a critical mass that is being sustained by the dedication and passion of many hardworking craftsmen and attracting those who see the value in locating in geographic proximity to synergistic businesses,” Bristol Marine Holdings president Andrew Tryska said in a statement.

An international composite engineering and manufacturing company will be the initial anchor tenant and will provide more than a dozen new jobs. Other marine companies also will immediately expand into space in the building, the company said.

Established in 1998, Bristol Marine Holdings owns and operates, through its subsidiaries, more than 30 acres of commercial real estate in Bristol.

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