PHOENIX – July 22, 2025 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces that Taft, one of the fastest-growing law firms in the nation, has signed a 24,895-square-foot lease at Esplanade II, a premier 265,924-square-foot office tower located at 2525 E. Camelback Road within Esplanade—a five-building Class A campus in Phoenix’s prestigious Biltmore neighborhood.
This significant lease represents a major expansion for Taft, which is relocating from its current 9,466-square-foot office in neighboring Esplanade V. The firm will occupy a full floor in Esplanade II—more than doubling its footprint—as part of its long-term strategy to deepen its presence in the Phoenix market.
Taft’s forthcoming move follows its recent merger with Sherman & Howard and the addition of six prominent lateral attorneys from Stinson, including Lonnie Williams, Jr., Sharon Ng, Jim Holland, Ashley Cheff, and Tim Lauxman. The new space will accommodate more than 50 attorneys and staff, positioning the firm for continued growth and client service excellence in the Valley.
“This transaction speaks volumes about the future of Phoenix,” said Tiffany Winne, Executive Managing Director & Partner at Stream, who represented Taft in the lease alongside Vice President Mike Miller. “When a firm of Taft’s caliber makes a long-term commitment to the city, it’s a powerful endorsement of the region’s economic momentum. This deal reflects the growing confidence that sophisticated national firms have in Phoenix’s trajectory.”
The lease adds to the strong leasing momentum at Esplanade, one of the Camelback Corridor’s most sought-after office campuses, which now boasts 94% occupancy, well above the average for recently renovated Class A buildings in the submarket. The area continues to attract top-tier professional services, financial institutions, and corporate users seeking high-end office environments in a prime location.
“This move is a key milestone in Taft’s Arizona growth story,” said Craig Morgan, partner-in-charge of Taft’s Phoenix office. “With the addition of six powerhouse attorneys and a new full-floor office, we’re investing in our people, our clients, and our future in Phoenix. It reflects our deepening roots in the region and our commitment to delivering exceptional legal service.”
Effective at the start of 2025, Taft combined with Sherman & Howard, Denver’s oldest and third-largest firm. The merger expanded Taft’s footprint into the Mountain West, including Phoenix, and added approximately 125 lawyers. Since the merger was announced, Taft has welcomed 21 new attorneys in the Mountain West region, further accelerating its strategic growth.
This expansion underscores Taft’s growth strategy and commitment to Phoenix’s evolving legal landscape. As the firm continues to attract top talent and invest in premier office space, it is well-positioned to become a leading force in the region’s legal market.
About Taft
Founded in 1885, Taft is one of the nation’s fastest-growing law firms, with a 140-year legacy rooted in the historic Taft family. With more than 1,050 attorneys and a modern, non-headquarter operating model, Taft is committed to delivering exceptional legal service to today’s organizations and individuals. The firm is recognized nationally in the Am Law 100, Chambers USA, Best Lawyers®, and Super Lawyers. Learn more at Taftlaw.com.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,550 professionals and now completes annual transactions valued at more than $8.9 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
