Bisnow Quotes Ron Gart on Phoenix Office Conversion Trends

Bisnow quoted Real Estate partner Ron Gart in its article, “Phoenix's Housing, Industrial Demands Are Driving Surge In Conversions.” The piece, published on June 24, 2026, explores the growing wave of office-to-residential and office-to-industrial conversions in Phoenix as developers look to reposition underutilized properties.

Gart discussed the complexities of office-to-residential conversions and the structural changes often required, noting:

“Because office-to-residential conversion projects have specific requirements, like properly sized floor plates, windows and elevator shafts, properties often must be torn down to ‘take off the skin’ and bring them ‘down to the bones,’ leaving just the foundation and floors.”

He also highlighted the continued opportunity in the market, adding:

“Developers will always look for opportunities, and there are still a number of properties that are in distress, which means reduced value, which means potential opportunity to convert.”

The full article is available here.