New England Boatworks Sold to Safe Harbors Marinas

New England Boatworks Inc. of Portsmouth, RI, has been acquired by Safe Harbor Marinas, a Dallas-based company with several Rhode Island properties, including Safe Harbor Wickford Cove, Safe Harbor Greenwich Bay, Safe Harbor Cowesett, Safe Harbor Sakonnet and Safe Harbor Cove Haven.

The marina property was purchased for $27 million, according to Portsmouth records. Safe Harbors currently owns 80 marina properties in 18 states.