An analysis of 81 interviews revealed that three key criteria are used to examine adaptive reuse decision-making: capital investment, asset condition, and regulation. While financial criteria such as development and construction costs were the primary determinants influencing the decision to reuse or demolish, the physical condition of the asset juxtaposed with regulations were also considered. Additionally, issues associated with the environmental, economic and social tenets of sustainability were identified as being important but were given less priority when considering reuse. As current building stock is rapidly becoming obsolete, increasing emphasis is beginning to be placed on them during the adaptive reuse decision-making process to ensure sustainable outcomes.