Delivering powered sites to the frontier economy.

We find stranded power in existing sites for AI, compute and hard tech companies.

NationwidePowered sites
1–50 MWDelivered to your target
75% fasterThrough proprietary power data and AI

01Who we serve

Built for the companies of tomorrow.

Power for compute.

We find buildings with live service and excess capacity, ready for your GPUs 80% faster than traditional data center development.

Contact us about compute
  • What we find
  • Live megawatts you can energize now, in any market
  • Vacant, leased or new buildings
  • Lease the power by the kW, or take the building
How it works
Utility gridStranded powerThe buildingYour machines
  1. Utility grid
  2. Stranded power
  3. The building
  4. Your machines
We handle
Site · Utility · Upgrades · Building
You bring
Your machines

02Where the power is

Power hiding in plain sight.We find it and get it to you.

New utility service can take years. Buildings across the country already sit on heavy electrical service that nobody is fully using.

Contact us
  1. 01

    Unoccupied buildings

    Buildings with power in place and nobody using it. Some were vacated, some were built and never leased.

  2. 02

    Underutilized buildings

    Tenants with excess power that can be leased by the kW, through our landlord and broker relationships.

  3. 03

    New construction

    New buildings delivered with heavy service before a tenant signs. We get you in first.

03In practice

A powered plant no one was marketing.

  • Private substation
  • Off market
  • Neocloud program
  1. 01  Found

    Our research flagged it

    A private substation, a tenant on the way out, and nothing listed.

  2. 02  Owner

    We went straight to ownership

    Off market, with no listing broker in the way.

  3. 03  Matched

    Paired with a neocloud program

    A buyer that needs megawatts per site now. In discussion.

04About us

An AI-native real estate firm.

Hempstead is a team of commercial real estate investors and technologists. We don't sell compute or GPUs. We find and deliver the sites that frontier companies run on, using our own power data and AI to move faster than a traditional brokerage.

Our team

  • $3B+ closedCommercial real estate transactions closed by our team
  • Real estate private equityLed acquisitions at a real estate private equity firm and managed assets for a global institutional investor
  • Big tech + startupsBuilt products at Microsoft and a Y Combinator startup

05Work with us

Tell us your requirements.