WiredRE Successfully Concludes One of the Largest Data Center Transactions of 2024 LAS VEGAS--(BUSINESS WIRE)--Wired Real Estate Group (WiredRE), an independent data center development firm specialized in artificial intelligence (AI), has announced the completion of a significant transaction involving a 1,000+ megawatt AI infrastructure site in Dallas. This deal is believed to be one of the largest non-nuclear AI-focused data center projects of 2024. The site, now under the control of a global cloud service provider, was revitalized from a distressed state to a fully functional, power-enabled asset in less than 12 months. Founder and CEO Everett Thompson spearheaded the project, which began in a state of insolvency with no budget, power, or network infrastructure. Utilizing the WiredRE Platform—a comprehensive network of over 10,000 experts in various fields, including power plant engineering and hyperscale buyer relationships—Thompson structured a strategic turnaround that not only expedited the process but also significantly enhanced its value. The platform acts as a catalyst, identifying projects, reducing risks, and connecting investors with high-demand buyers worldwide. "Initially, this project was in a dire situation, with no budget, power, or connectivity," Thompson explained. "By focusing on technical feasibility, power development, and aligning with the right buyers, we were able to more than double the expected exit value and accelerate the closing timeline." The rapid growth of AI has intensified the need for compute infrastructure, making ready-to-use data center sites a critical resource. "As AI continues to drive demand, the availability of operational sites has become a major obstacle," Thompson added. "WiredRE's unique position at the intersection of energy, land, and institutional capital allows us to address this pressing need effectively." WiredRE is currently expanding its portfolio with similar projects across the Americas, Latin America (LATAM), Asia-Pacific (APAC), and Europe, Middle East, and Africa (EMEA). This international focus underscores the company's commitment to meeting the growing demand for power-enabled infrastructure in the AI era. About Wired Real Estate Group WiredRE is an independent development firm dedicated to cloud and data center solutions. The company's expertise spans power plant development, large-scale fixed asset finance, and data center operations, providing a multidisciplinary approach to project management. The cornerstone of their strategy is the WiredRE Platform, which leverages a global network of 10,000 professionals with extensive experience to identify, structure, and deliver high-quality, power-enabled infrastructure for AI. This platform ensures curated deal flow, development readiness, and institutional-grade exits for both capital partners and infrastructure buyers. For more information, visit www.wiredre.com.