Centersquare sued by investment manager CenterSquare
December 20, 2024
Philadelphia
In 2025, Machine Investment Group and its affiliates acquired two former LSC Communications industrial sites in Lancaster, located at 216 Greenfield Road and 1375 Harrisburg Pike, with plans to convert them into data centers. These properties, which had been inactive since the closure in 2023 that impacted around 600 employees, had operated since the 1960s, printing catalogs, magazines, and phone books.
The 216 Greenfield Road site spans 78 acres over two connected parcels and includes 1.1 million square feet (102,193 sqm) of industrial and manufacturing space. Development plans for both locations envision campus-style layouts with data center space designed to attract hyperscalers and AI platforms.
| Distance | Site | About |
|---|---|---|
| 0.07 miles | Hyperscale Data Center Request Dataset |
AI cloud provider CoreWeave is set to invest up to $6 billion in a new, purpose-built data center in Lancaster, Pennsylvania. This facility will exclusively support AI workloads.
|
| 0.42 miles | Lumen Lancaster 1 | |
| 3.79 miles | Machine Investment: Lancaster 2 |
In 2025, Machine Investment Group and its affiliates acquired two former LSC Communications industrial sites in Lancaster with plans to convert them into data centers.
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Machine Investment Group (www.machineinv.com) is a real estate investment platform focused on opportunistic, distressed and special situations across the United States. Machine invests primarily in the middle market, where our reputation as a reliable counterparty, our solutions-oriented approach and extensive lender relationships distinguishes us from the competition. Machine’s strict risk discipline, institutional operating processes and well-developed sourcing network has been cycle-tested and is designed to deliver consistent, opportunistic returns while minimizing losses.
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