Business & Finance

Historic Wellmont Theater Sold to Pinnacle Companies


MONTCLAIR, NJ - The Pinnacle Companies have announced their purchase of Montclair's historic Wellmont Theater.

The Pinnacle Companies, along with its institutional investor, a global commercial property company that owns, operates and invests in bestin-class assets, announced that the firms have collaborated to purchase the Wellmont Theater. 

The team is currently investing significant dollars to renovate and upgrade the property, originally built in 1922 as a live theater and converted to a motion picture theater in 1929 where the original entrance was located at 400 Bloomfield Ave. The team plans on turning it into a world-class live entertainment venue.

Sign Up for E-News

“The Wellmont Theater is a tremendous asset for the Township of Montclair, and we are thrilled to bring it up to its full potential as a regional attraction,” said Brian M. Stolar, president and chief executive officer of The Pinnacle Companies. Live Nation Entertainment, the largest concert promoter in the world, will program and manage an expanded lineup of performances and programming when the theater reopens in September.

“We’re planning to offer more shows and a greater variety of live entertainment options at the Wellmont than before – with a mix of small, medium and large performances,” said Sean Striegel, regional senior vice-president of music for Live Nation Entertainment. A music-themed restaurant and bar will be located in the former Xocolatz restaurant space adjacent to the theater, offering food and drink options for patrons. The restaurant will be connected to the lobby of the theater, as originally designed in 1922.

The team is also pursuing the acquisition of the former Social Security building adjacent to the Wellmont Theater on Bloomfield Avenue in order to support the future, long-term success of the theater in particular and the arts district overall. 

In the 1930s, Thomas Edison, inventor of motion pictures, attended movies at the Wellmont. In the 1970s, the theater was tri-plexed and the entry was moved to Seymour Street, while the original lobby was converted to a restaurant. The Wellmont closed in 2006 and reopened in 2008 as a concert venue, with capacity for 2,700 (1,600 for seated shows), making it the largest theater venue in the area. 

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News


NBA Star Dennis Rodman Enjoys Life in Livingston

February 22, 2018

LIVINGSTON, NJ — Former National Basketball Association (NBA) star Dennis Rodman’s friends say he is “living like a Livingston kid” while he is in town doing an outpatient program for Turning Point Rehab Center.

Livingston native Chris “Vo” Volo, an agent for Prince Marketing Group, has been representing Rodman for seven years and the two quickly became ...

"Look at These N*&%#" Shouts Shuts Down Black Panther Showing in Sparta

February 22, 2018

SPARTA, NJ – Sparta police were called to the New Vision Sparta Theater on Sunday night because of a woman shouting slurs in a screening of Black Panther.

Former New Jersey Assembly candidate Michael Grace was in the theater when two people started yelling racial slurs including “look at these ‘n-word’” and “can you believe these ...

Upcoming Events

Thu, February 22

Scherman Hoffman Wildlife Sanctuary, Bernardsville

NJ Audubon: Volunteer Art Show!

Arts & Entertainment Green

Thu, February 22, 6:00 PM

Montclair Public Library, Montclair

Alice Hooe Foster: Shaping Montclair


Thu, February 22, 7:00 PM

Hosted by Bible Baptist Church, Hasbrouck Heights

Mothers of Preschoolers {MOPS} Event


Montclair Police Blotter: Theft of Delivered Packages, Arrests and More

February 21, 2018

MONTCLAIR, NJ-  The following police blotter was issued by the Montclair Police Department on February 20, 2018:



02-13-2018 - A 16yoa East Orange male was arrested and charged with Unlawful Taking by Means of Conveyance, resulting from an investigation into a vehicle theft which occurred on 1/25/2018.

'What Stays' exposes family secrets and lies

‘What Stays’ exposes family secrets, resentment and lies

By Liz Keill

SUMMIT, NJ – In an original play by Laura Ekstrand and Jason Szamreta, the Dreamcatcher Repertory Theatre has provided an enlightening, funny and heart-felt view of family foibles.

Ekstrand has said that the germ of the play came from conversations with the ensemble members of the troupe, based on ...

MPL Presents: “Closing The Gender Gap” w/ Joanne Lipman in Conversation with Edward Felsenthal

February 21, 2018

Montclair, NJ - On Sunday, February 25th, 2018, Joanne Lipman, former Chief Con- tent Officer of Gannett, and Editor-in-Chief of USA TODAY and the USA TODAY NETWORK, will dis- cuss her new book That’s What She Said: What Men Need To Know (and Women Need To Tell Them) About Working Together with TIME Magazine’s Editor-in-Chief, Edward Felsenthal.

The national dialogue ...