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Loft apartment[edit] Loft apartments are apartments that are generally built from former industrial buildings. When industrial developments are developed into condominiums instead of apartments, they may be called loft condominiums. The general term warehouse-to-loft conversions may sometimes be used for development of industrial buildings into apartments and condominiums.
Buying a loft apartment or converted office or factory space. A loft apartment is a unique living space which has been built in converted industrial or general office buildings.Depending on your circumstances you might choose to: 1  Purchase a loft apartment which has already been created, or. 2  Purchase an office or factory space to convert into a loft apartment from scratch.uying a loft apartment or converted office or factory space. A loft apartment is a unique living space which has been built in converted industrial or general office buildings.