July 18, 2018 • www.theobserver.com • Vol. CXXXI, No. 10
HIGHLIGHTS Gino Montrone, philanthropist and founder of Kentucky Care, dies at age 77. Page 4
COVERING: BELLEVILLE • BLOOMFIELD • EAST NEWARK • HARRISON • KEARNY • LYNDHURST • NORTH ARLINGTON • NUTLEY
SUMMER NIGHTS
Photos by Lisa Feorenzo
Last week, The Duprees put on a concert for the ages at Lyndhurst Town Hall Park. A crowd that appeared to be over 1,000 was on hand to listen to the oldies group that delighted people of all ages. Many places have summer concerts nearby, including North Arlington, Belleville, Bloomfield and Nutley. See more photos and a listing of area concerts online at www.theobserver.com.
Only 2 years after opening, BJ’s shopping center sold By Ron Leir Special to The Observer
firm, recently announced the 139,000-square-foot retail center, spread over a 10-27-acre site at 160194 Passaic Ave., has been acquired by Benthall Kennedy, a Sun Life Investment Management Co. Asked his reaction, Mayor Alberto Santos said this “is a sale to a national real estate investment trust. I think it shows a very hot real estate
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EARLY TWO YEARS AFTER it opened, the Kearny Square Mall on Passaic Avenue — anchored by BJ’s Wholesale Club — has been sold. Cushman & Wakefield, a Chicagobased global real estate services
investment market. How much of it is interest-rate driven and how much of it reflects increasing demand in the West Hudson region is unclear.” No price for the transaction was listed. Neither the buyer nor the seller — DVL Holdings LLC of New York — would provide that information. “Having conferred with my
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colleagues who participated in the acquisition and who directly serve the interests of our client base of investors, we have taken the decision not to offer public comment on the matter,” said Benthall Kennedy spokesman Rahim Ladha. And Alan Casnoff, president/CEO
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