What sets us apart? It's our team of experts. We bring together extensive knowledge in water rights, land development, power generation (including LNG), energy markets, and construction. This hands-on experience allows us to provide unmatched insights and guidance throughout the site selection process.

Our goal is to be more than just a land provider. We aim to build trust and confidence by delivering power-ready sites structured for your long-term objectives. We bridge the gap between energy markets and real estate, streamlining capacity acquisition and accelerating your project timeline.

We have extensively explained the art of site selection (Cohen's 10 Ps) for powered land. Now we are delving deeper into existing building/office/warehouse Conversions to data center. If the math works, here are a few key areas to evaluate at any potential site:

Power Infrastructure

• Electrical Capacity: The building should have sufficient electrical capacity to support the data center’s power needs, including both current and future requirements.
• Redundancy: Redundant power sources, such as multiple utility feeds or backup generators, are essential to ensure continuous operation in the event of power outages.
• Power Distribution: Adequate power distribution infrastructure, including reliable transformers and distribution panels, is crucial for efficiently delivering power to data center equipment.

Cooling and HVAC Systems

• Cooling Capacity: The building should have the capability to support the cooling requirements of data center equipment, including air conditioning or more advanced cooling technologies.
• Redundancy in Cooling: Redundant cooling systems and environmental controls are essential to maintain optimal operating temperatures and prevent equipment overheating.

Space and Layout

• Floor Load Capacity: The building’s structure should support the weight of data center equipment, including servers, cabinets, and cooling systems. Ceiling Height: Sufficient ceiling height is necessary for the installation of raised floors, overhead cabling, and proper airflow management.
• Column Spacing: Adequate column spacing allows for efficient equipment layout and ease of movement within the data center space.

Security

• Physical Security: The building should have robust physical security measures, including access control systems, surveillance cameras, and secure entry points, to protect data center assets.  

Connectivity

• Network Infrastructure: The building should have access to high-speed and redundant network connections to ensure seamless connectivity for data transfer and communications.
• Carrier Neutrality: Being carrier-neutral allows flexibility in choosing multiple network service providers, enhancing redundancy and reliability.

Regulatory Compliance

• Zoning and Building Codes: The building must comply with local zoning regulations and building codes applicable to data center operations.
• Environmental Compliance:Compliance with environmental regulations, including proper disposal of electronic waste and adherence to energy efficiency standards, is essential.

Scalability

• Room for Expansion: The building should provide room for future expansion, enabling the data center to scale its infrastructure as demand grows.
• Modularity: A modular approach to infrastructure design allows for easier and more cost-effective scalability.

Accessibility

• Proximity to Network Hubs: Ideally, the building should be located close to telecommunication network hubs to reduce latency and improve network performance.

Environmental Considerations

• Green Building Features:Consideration of energy-efficient and sustainable building features aligns with environmental goals and may contribute to operational cost savings.

Fire Suppression:

• Effective fire detection and suppression systems are critical to safeguard against potential fire hazards.

These variables just scratch the surface of the things investors should consider. Since every case is different, perhaps the most valuable asset one can have is an experienced partner.

"POWER - C - SAFE"

· P - Power Infrastructure
· O - (This can remind you of Cooling & HVAC, using the next letter)
· W - (This can remind you of the Walls, meaning Space and Layout)
· E - Environmental Considerations & Fire Suppression
· R - Regulatory Compliance & Scalability (Room for growth)

C - Connectivity

S - Security
A - Accessibility
F - Fire Suppression
E - Environmental Considerations

Urban Data Center office/warehouse Conversions (we've sites)

The $28 Million Flip Proves Why Building/Warehouse Conversions May Be the Data Center Play Many Are Missing.

While everyone debates whether there's an AI bubble, two Chicago firms just proved something more interesting: You don't need billions to win in data centers. You need to see what others miss. The Deal: Prime Group and Capri Investment Group bought a vacant office building in Chicago's Loop for $12 million in July 2024. Fifteen months later, they sold it for $40 million. That's a 233% return(gross). What Did They Do? They didn't build from scratch. They didn't chase raw land in power-scarce markets. They bought the former Cboe Global Markets headquarters at 400 S. LaSalle Street, a six-story building with something most vacant parcels don't have: Infrastructure. Wide, column-free floors. High ceilings. Structural capacity to support server weight. And most importantly, heavy wiring from its previous life as a trading platform. "By simply increasing power to the building and doing other preliminary work, the Chicago firms significantly increased the value," said Daniel English, managing partner of Legacy Investing, the buyer converting it to a 33-megawatt data center. Why Urban Conversions Work: Most people think data centers belong in farm fields. But English explained why urban locations command premiums: "Just like Amazon's last-mile delivery, data centers take less time to deliver when they're close." Low-latency applications, high-speed trading, video streaming, gaming, and autonomous vehicles need urban proximity. And according to CRE Daily's analysis, "retrofitting existing sites for edge use could unlock value" while "inference centers and retrofitted edge computing facilities show the strongest risk-adjusted return profiles." This Isn't Just Offices: Prologis is making headlines with $8 billion in warehouse-to-data center investments. But the Chicago deal proves the opportunity is broader: Old trading floors. Office buildings. Anywhere with the right bones and the right infrastructure. The play isn't chasing new construction in power-constrained markets. It's finding existing buildings where someone has already solved the hard problems—and the market hasn't caught up to the value...yet. The Pattern: While everyone worries about overbuilding greenfield data centers, patient capital is quietly buying obsolete buildings, de-risking the infrastructure, and creating massive value in 12-15 months. Thursday, I'll share exactly what to look for, the specific criteria that turn a vacant building into a data center opportunity. What vacant buildings in your market have infrastructure that everyone else is ignoring? Sources: "Flip of former Cboe Global Markets headquarters in Chicago shows soaring data storage values" by Ryan Ori, CoStar News, October 23, 2025; "Data Centers Driving Growth In AI And Real Estate" CRE Daily, PrincipalAM research