(Phoenix Ranks Among Biggest Office-To-Apartment Converters In U.S. — April 14, 2026)
More than 1,500 apartment units are in the pipeline in metro Phoenix through office building conversion projects, ranking it 13th in the U.S. for adaptive reuse activity. Nationally, the office-to-apartment conversion pipeline reached 90,300 units at the start of 2026, up 28% from the prior year and nearly four times the volume seen in 2022.