Newmark Group Drives $4 Billion AI Data Center Development in Pennsylvania
- Newmark Group is leading a $4 billion joint venture to develop an AI data center campus in Lancaster, Pennsylvania.
- The project aims to enhance Lancaster's role in AI workloads and high-density GPU computing infrastructure.
- Newmark's strategic focus on digital infrastructure reflects its commitment to advancing technology amidst growing demand for AI resources.
Newmark Group Propels AI Infrastructure Development in Pennsylvania
Newmark Group, Inc., a leading commercial real estate advisory firm, is at the forefront of a transformative initiative in the technology sector by facilitating a significant $4 billion joint venture. This partnership involves Blue Owl Capital, Chirisa Technology Parks, and Machine Investment Group, all of which aim to develop a state-of-the-art AI data center campus in Lancaster, Pennsylvania. The Newmark team, spearheaded by industry veterans such as Andrew Warin, Josh King, Adam Doneger, and Brent Mayo, under the leadership of Jordan Roeschlaub and Doug Harmon, plays a pivotal role in this project. The initiative is expected to bolster Lancaster's position as a vital hub for AI workloads and enhance the national infrastructure for high-density GPU computing.
The planned Lancaster facility will comprise both repurposed industrial sites and newly constructed high-density data centers specifically designed for AI applications. This dual approach not only maximizes existing resources but also paves the way for innovative developments in the region, reflecting Newmark's commitment to advancing digital infrastructure across North America. The collaboration between Blue Owl and Chirisa now amounts to $20 billion, encompassing over one gigawatt of capacity across Pennsylvania and Virginia. This expansion signifies a robust response to the increasing demand for AI capabilities and cloud computing resources, positioning Newmark as a key player in the evolving landscape of digital technology.
As of mid-2025, Newmark has reported revenues exceeding $2.9 billion and operates a network of 165 offices with over 8,400 professionals globally. The firm's extensive reach and market intelligence enable it to provide a comprehensive suite of services catering to a diverse range of clients, from emerging startups to established enterprises. Newmark's involvement in high-profile projects, such as the Lancaster AI data center campus, underscores its strategic focus on digital infrastructure, which is increasingly critical in the current economic climate marked by rapid technological advancements.
In addition to its commitment to cutting-edge infrastructure development, Newmark acknowledges the inherent risks associated with forward-looking statements about its business and financial outlook. The company continues to navigate these uncertainties while striving to maintain its reputation for delivering superior service and innovative solutions to its clients. For those interested in learning more about Newmark Group's initiatives, additional information is available at nmrk.com or via their official social media channels.