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 1375 Harrisburg Pike site encompasses 66 acres across two adjacent parcels and features an 825,000-square-foot (76,645 sqm) industrial and manufacturing building. Development plans for both locations envision campus-style layouts with data center space designed to attract hyperscalers and AI platforms.
| Distance | Site | About |
|---|---|---|
| 3.79 miles | Machine Investment: Lancaster 1 |
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.
|
| 3.84 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.
|
| 4.18 miles | Lumen Lancaster 1 |
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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