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We have seen many lofts in East Coast and they are quite numerous there. However if you are currently in Phoenix Metropolitan area, you might see brand new lofts there. These lofts had been bulit in 2000 and you can start to see them everywhere. It is a quite profitable niche with good market growth as an acceptable altyernative for conventional housing Since 2000 several loft projects have developed and can be seen throughout the valley horizon.
They are in high demand, so be sure that you buy it fast and find a good looking loft at the same time. I prefer Scottsdale Lofts as they are located in quieter area, but you may want to choos Phoenix lofts if your workplace is near.