Newmark Advises on $3.4 Billion Joint Venture on One Million-Square-Foot Texas Data Center

Barchart · 10/18 08:24

NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as strategic advisor to Blue Owl Capital, Inc. ("Blue Owl"), Primary Digital Infrastructure and Crusoe Energy Systems LLC ("Crusoe") in a $3.4 billion joint venture ("JV") to fund a purpose-built data center at the Lancium Clean Campus in Abilene, Texas. Newmark's Co-President of Global Debt & Structured Finance Jordan Roeschlaub, Head of Data Center Capital Markets Brent Mayo, Co-Head of Strategic Advisory Andrew Warin and Director of Strategic Advisory Chase Tagen acted as the advisors for the JV.

Read more at prnewswire.com