OAKLAND, CA-Shorenstein Realty Services has inked a long-term lease with Nave, Riback, Silver & Wilson for 28,678-sf of office space in the newly opened 555 City Center at Oakland City Center.

Meyers, Nave, Riback, Silver & Wilson, an East Bay law firm, has signed a 10-year lease with Shorenstein, and will occupy the entire 15th floor and a portion of the 16th floor of 555 City Center. The lease is effective in January 2003.

The firm, which represents numerous public agencies in all areas of public law, plans to use this office space as its primary base of operation, but will continue to maintain a strong presence in San Leandro where the firm was founded in 1986.

“We’re pleased and excited to be moving part of our operation to Oakland City Center,” says Steven Meyers, founder and managing shareholder of Meyers, Nave, Riback, Silver & Wilson. “The space is beautiful and offers great access to mass transit for our employees who commute. We will retain operations in our current location in San Leandro, which has been a great place to grow, and which will give our firm the perfect setup to serve clients throughout the Bay Area.”

Scott Stone and Terry McGrath with Aegis Realty Partners handled the lease transaction for Meyers, Nave, Riback, Silver & Wilson. John Dolby, vice president of leasing for Oakland City Center, represented Shorenstein Realty Services.

While the lease rate was not revealed, deals in the area have been negotiated at about $2.50 per sf, full service, monthly.

555 City Center is a newly completed addition to the Oakland City Center, which encompasses more than 1.5 million-sf of office space and includes 18 restaurants and food outlets, more than a dozen retail shops and services, a complete athletic club and parking for 1,840 vehicles.

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