Law Firm Renews at 1111 Broadway, Secures Future Expansion Space

OAKLAND-Wendel, Rosen, Black & Dean LLP has decided to stay at 1111 Broadway in Downtown Oakland. The law firm recently signed a 10-year lease to remain in 38,200 sf on the top two floors of the 24-story building, where it has been for the past 10 years, and also committed to leasing another 9,000 sf starting in January 2005.

Wendel, Rosen, Black & Dean LLP serves clients nationwide in transactional and litigation matters. The 50-attorney law firm has occupied space in the building for more than a decade.

To seal the new deal, Shorenstein tore up the existing lease agreement, which ran through June of 2004, and lowered the law firm’s rental rate. The parties involved are not releasing the negotiated rate, but the current full-service market rate for class A space in Downtown Oakland is about $28 per sf per year.