Newmark Group, a commercial real estate adviser and service provider to large institutional investors, global corporations, and other owners and occupiers, has arranged a $600 million loan to capitalize a 50-megawatt build-to-suit data center development by Blue Owl Real Estate, Chirisa and PowerHouse Data Centers in Northern Virginia.
“This transaction reflects the continued appetite for innovative, large-scale digital infrastructure solutions in key markets,” said Jordan Roeschlaub, co-president of global debt and structured finance, who arranged the financing. “This project underscores the critical role of Northern Virginia in supporting the growth of AI and hyperscale cloud applications due to its advanced facilities, robust connectivity and strategic location. It also highlights the resilience of the data center sector as a cornerstone of today’s global economy.”
Leased to leading hyperscale graphics processing unit
