UPDATE: Springstep Building Listing Pulled

Building is "off-market," according to commercial real estate website.

The studios building on George P. Hassett Drive was listed for sale last week, but the listing has since been pulled.

The asking price for the building was $4.65 million, according to the listing, which appeared on Loopnet.com and other commercial real estate websites earlier in March.

City Councilor Robert Maiocco had planned to offer a resolution to have the city look into whether it could buy the building and turn it into a police department. But, after he learned the property was no longer on the market, he decided the discussion would be moot, he said during Tuesday's council meeting.

The 16,000 square-foot facility was being offered for sale through NAI Hunneman, a Boston-based commercial real estate company. The building was constructed and Springstep opened in 2003.

According to its website, Springstep was established as a non-profit organization in 2000 by Deborah Hawkins, a supporter of folk and social dance. It aims to provide a "permanent home for these interconnected and culturally important art forms," according to the website.

Along with dance and art classes, Springstep also hosts community events and art galleries. It is currently displaying art by Andrews Middle School students in an exhibit called "Dreaming in Color."

The real estate listing described the building as a state-of-the-art facility located just off I-93.

"This building offers users & investors alike with a unique opportunity to own a Class A asset minutes to downtown Boston for far below replacement cost," the description says.

At the time it was offered for sale it wasn't clear whether Springstep intended to remain in the building as a tenant, or if the organization was motivated to sell the property. Interim Executive Director Lori Rutter would not comment on the listing last week.

"(It is) business as usual at Springstep," Rutter said in an email last week. "We are in the throes of planning our summer and fall classes for dance, music, and fitness. We will continue to host social dance groups and have some great community events on our schedule."


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »