PHOENIX-In a musical chairs’ transaction, DLA Piper LLP has taken 19,000 sf in the Camelback Esplanade II, with move-in scheduled for Q1 2009. To accommodate the growing law firm, Cushman & Wakefield of Phoenix Inc. gave up the space and relocated to 21,000 sf in the neighboring Camelback Esplanade V.

The Baltimore-headquartered DLA Piper’s expansion sparked its move to the 10th floor of the 11-story, 285,182-sf class A office building at 2525 E. Camelback Rd. The law firm is vacating space at 2415 E. Camelback Rd. Meanwhile, Cushman & Wakefield has already relocated to the third floor of the 229,854-sf, 10-story building at 2555 E. Camelback Rd.

Following the transactions, 48,916 sf remains open in Esplanade II while 6,300 sf is still available in Esplanade V. Rent quotes range from $43.50 per sf to $45 per sf, full service.

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