Blue Owl Capital, Chirisa, and Machine Investment Group Joint Venture with Newmark Advises $4 Billion Data Center Campus in Pennsylvania

Wednesday, Aug 27, 2025 7:10 pm ET1min read

Newmark Group advised Blue Owl Capital, Chirisa Technology Parks, and Machine Investment Group on a $4 billion joint venture to develop a state-of-the-art AI data center campus in Lancaster, Pennsylvania. The funding supports a long-term lease with a leading cloud computing company, positioning Lancaster as a key Mid-Atlantic hub for AI workloads. The transaction extends Blue Owl's development partnership with Chirisa Technology Parks to $20 billion, encompassing over one gigawatt of capacity across Pennsylvania and Virginia.

Blue Owl Capital, Chirisa, and Machine Investment Group Joint Venture with Newmark Advises $4 Billion Data Center Campus in Pennsylvania

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