CB Richard Ellis negotiates 4,400 s/f lease at Ellsworth Commons

According to Ann MacAffer, CCIM and John MacAffer of CB Richard Ellis/Albany, the first office lease at Ellsworth Commons has been completed. DNS Electronics, an American subsidiary of a Japanese company, will occupy 4,400 s/f in the Lincoln building. DNS Electronics is a vendor to GlobalFoundries and will take occupancy this month. DNS Electronics will be hiring locally. Ellsworth Commons is a mixed-use development featuring retail, office, apartments along Rte. 9 and is the new "downtown square" of Malta. Bruce Schnitz a member of Albany Partners the managing member of Ellsworth Commons, said, "Ellsworth Partners is very excited to have a tenant of this quality. We feel it is indicative of the need for quality office space in Malta. We are very fortunate to have our structures available at this time when tenants are in the market looking for immediate availability." Currently, there are five other prospective tenants looking for space in the Lincoln building. Ellsworth Partners LLC is a venture between Albany Partners, LLC and Eugene Rosen of Palm Beach, Florida. AP Construction is the general contractor and is wholly owned by Bruce Schnitz and Neil Swingruber.