Asset Class: Shuttered Manufacturing Sites
Turning a Shuttered Manufacturing Site Into a Compute Asset
Closed factories and manufacturing plants are one of the broadest and most common categories of underused industrial real estate — and, for the same reason they worked as factories, many of them work as data center candidates: real power service, heavy structure, and industrial zoning already in place.
What makes a former manufacturing site viable
Not every closed factory qualifies — a small light-industrial building with a modest electrical panel isn't a data center candidate. What we look for is a specific combination: meaningful existing or accessible power capacity, a large contiguous footprint, and site control that allows a real transaction.
The manufacturing processes that used to run there matter less than the electrical and structural legacy they left behind. Heavy manufacturing — metals, automotive, chemicals, heavy assembly — tends to leave the strongest power and structural footprint.
What we look for
Specifically, qualifying sites tend to have:
- Existing utility service in the multi-megawatt range, or a realistic path to it
- A large building or land footprint — typically well beyond a standard warehouse
- Industrial zoning already in place, reducing entitlement risk
- Clear ownership or an owner ready to transact
How the evaluation works
We run a short intake on location, power access, and footprint, then evaluate power and interconnection feasibility, structural condition, and buyer fit before bringing in our financing partner to structure the buildout. It's the same process across every asset class — see the full walkthrough on our how it works page.
What this means for owners
If you own or represent a closed manufacturing facility, the fastest way to know if it qualifies is to tell us about it — location, approximate footprint, and whatever you know about existing power service. We'll take it from there.