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Employees buy Somerville Theatre building, securing its future

Original: Employee-led group buys Somerville Theatre building, ends uncertainty over future

An employee-led group has purchased the Somerville Theatre building, ending uncertainty about the landmark venue's future. The purchase means the historic theatre, long a fixture of the Somerville community near Tufts University, will remain in the hands of the people who work there rather than outside developers or new owners. Details of the sale price and financing have not been widely reported yet.

Why now: The building's future had been uncertain, and news that its own employees now own it is notable local news.

Somerville TheatreSomervilleTufts University

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