Blue Owl Capital And Chirisa Technology Parks Form $4 Billion Joint Venture For AI Development Site In Lancaster

The property involved in this transaction is a development site located at 216 Greenfield Road, Lancaster, PA. This joint venture transaction is valued at $4,000,000,000 and is part of a partnership that supports over 1GW of new AI infrastructure developments, including the Lancaster CoreWeave campus.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,000,000,000
• JV Partners: Blue Owl Capital, Chirisa Technology Parks, Machine Investment Group
• Brokers: Adam Doneger, Jordan Roeschlaub, Joshua King, Andrew Warin, Douglas Harmon, Brent Mayo, Adam Spies - Newmark
• Date: 8/27/2025

This joint venture expands Blue Owl’s development relationship with Chirisa Technology Parks to a total of $20,000,000,000. CoreWeave has invested in this site and will lease it as part of its national rollout of AI-ready data centers.