# SAVRN Index: Newmark AI Infrastructure Profile Source: https://savrn.com/ai-index/companies/newmark Markdown alternate of the page above; the site index is https://savrn.com/llms.txt --- [SAVRN Index.](https://savrn.com/ai-index) Explore the IndexCompanies Newmark is the most transaction-active broker in this part, closing almost $17B in data center deals in 2024 and over $25B in trailing-twelve-month data center transaction volumes by Q3 2025. It advised on a $2.3B loan financing a Texas data center tied to OpenAI's Stargate and structured the $7.1B construction loan for the 1.2 GW Abilene, Texas AI campus inside a $15B JV with Crusoe, Blue Owl Capital and Primary Digital Infrastructure. Its 2025 market outlook reported $31.5B in annualized new data center construction spending, an all-time high, and expects data center power demand to exceed utility supply by 50%. Updated October 25, 2026Capital record from the Capital Atlas Named sites 2 Site commitments on record for Newmark Disclosed site capital $9.4B Named sites with a stated dollar figure. A floor, not a capex total Disclosed capacity 1,200 MW Named sites with a stated megawatt figure Financing transactions 4 Transactions naming Newmark or one of its sites Sources 10 Every cited page, listed below MarketMarket data from TradingView, delayed Loading NASDAQ:NMRK from TradingView Spending ## Reported and guided spending Audited, reported and guided figures as the filing or release states them. Reported lines are what was spent, and guidance is what management expects. They sit side by side and are never combined. | Period | Kind | Amount | As stated | Sources | | --- | --- | --- | --- | --- | | 2025 outlook (published February 13, 2025) | reported | $31.5B | $31.5B in annualized new data center construction spending, an all-time high. Market-wide construction spending measured by Newmark, not Newmark's own capex. | | | Q4 2024 | reported | $9.2B | Q4 2024 industrial volumes across Leasing and Capital Markets were $9.2B, an all-time quarterly best, led by data centers. Transaction volume, not capex. | | | FY2024 | reported | $17.0B | Newmark closed almost $17B in data center deals in 2024. Advisory transaction volume, not capex. | | | trailing twelve months as of Q3 2025 | reported | ≥$25.0B | Over $25B in trailing-twelve-month data center transaction volumes; Capital Markets revenue up 59.7%, total debt volumes up 129%, investment sales up 67%. Transaction volume, not capex. | | Named sites ## Where Newmark builds | Site | State | Place | Capital | MW | Status | Sources | | --- | --- | --- | --- | --- | --- | --- | | Abilene, Texas AI campuswith Crusoe, Blue Owl Capital, Primary Digital Infrastructure | [Texas](https://savrn.com/data-center-capital-atlas/texas) | Abilene | $7.1B | 1,200 | construction | | | Texas data center tied to OpenAI's Stargatewith OpenAI | [Texas](https://savrn.com/data-center-capital-atlas/texas) | n.a. | $2.3B | n.a. | n.a. | | Financing ## Financing transactions Transactions that name Newmark as a party or attach to one of its named sites. Amounts are as stated, and overlapping commitments are never summed. | Parties | Instrument | Amount | Date | Site | Sources | | --- | --- | --- | --- | --- | --- | | Crusoe + Blue Owl Capital + Primary Digital InfrastructureThe Abilene, Texas AI campus construction loan sits inside a $15B JV with Crusoe, Blue Owl Capital and Primary Digital Infrastructure. | jv equity | $15.0B | reported in Newmark 2025 outlook coverage | Abilene, Texas AI campus (TX) | | | Newmark (structuring) + Crusoe + Blue Owl Capital + Primary Digital InfrastructureNewmark structured the $7.1B construction loan for the 1.2 GW Abilene, Texas AI campus, eight buildings targeting 1.4 GW by 2026. | debt facility | $7.1B | reported in Newmark 2025 outlook coverage | Abilene, Texas AI campus (TX) | | | Newmark (advisor) + OpenAI Stargate-tied Texas data centerNewmark advised on a $2.3B loan financing a Texas data center tied to OpenAI's Stargate. | debt facility | $2.3B | reported with Newmark's 2024 results | Texas data center tied to OpenAI's Stargate (TX) | | | Koch Real Estate Investments + Edged + Goldman Sachs + NewmarkKoch is exploring a sale of Edged, the data center developer it cofounded, working with Goldman Sachs and Newmark and drawing multiple bids. Edged has US sites operating or in development in Missouri, Arizona, Texas, Georgia, Iowa, Ohio, Pennsylvania and Illinois. Edged US told DCD it is separately owned from Endeavour and Edged Energy. Bain Capital was reported on 29 September 2026 to be in talks to acquire Edged, which Crypto Briefing says operates more than 388 MW across Atlanta, Chicago, Dallas, Kansas City and Phoenix; no agreement has been announced. | other | n.a. | Reported by Bloomberg 28 July 2026 | n.a. | | The record ## Sourced facts on Newmark - Newmark's 2025 U.S. Data Center Market Outlook reported a development pipeline of nearly 50 million sq ft at year-end 2024, hyperscalers accounting for over 10% of all commercial development site purchases in 2024, and an estimated 24% of all industrial-zoned development site acquisitions over 24 months going to data centers. - Newmark's headline constraint is that data center power demand is expected to exceed utility supply by 50%. - Newmark structured the $7.1B construction loan for the 1.2 GW Abilene, Texas AI campus inside a $15B JV with Crusoe, Blue Owl Capital and Primary Digital Infrastructure, eight buildings targeting 1.4 GW by 2026. Sources ## Sources for Newmark Every source cited on this page, once each. - completeaitraining.com[Complete AI Training](https://completeaitraining.com/news/newmark-groups-15-billion-data-center-bet-how-ai/) - bisnow.com[Bisnow](https://www.bisnow.com/national/news/capital-markets/newmark-projects-40-growth-by-2026-predicting-data-center-boom-will-lead-to-more-industrial-strength-128057) - bloomberg.com[Bloomberg](https://www.bloomberg.com/news/articles/2026-07-28/koch-said-to-weigh-15-billion-sale-of-data-center-player-edged) - datacenterdynamics.com[Data Center Dynamics](https://www.datacenterdynamics.com/en/news/data-center-firm-edged-up-for-sale-for-15-billion-report/) - cryptobriefing.com[Crypto Briefing, 29 September 2026](https://cryptobriefing.com/bain-capital-koch-edged-data-center-acquisition/) - datacenterdynamics.com[Data Center Dynamics (walled)](https://www.datacenterdynamics.com/en/news/bain-interested-in-buying-edged-us-report/) - nmrk.com[Newmark](https://www.nmrk.com/insights/market-report/2025-us-data-center-market-outlook) - sec.gov[Newmark 8-K exhibit, SEC](https://www.sec.gov/Archives/edgar/data/1690680/000162828025005568/nmrkex991021425.htm) - investing.com[Newmark Q3 2025](https://www.investing.com/news/company-news/newmark-q3-2025-slides-revenue-surges-26-company-raises-fullyear-guidance-93CH-4320887) - nmrk.imgix.net[Newmark 3Q25 release](https://nmrk.imgix.net/uploads/images/NMRK-3Q2025-release-draft-final.pdf) Market intelligence and brokerage ## More in the Index [Avison Young](https://savrn.com/ai-index/companies/avison-young)[CBRE](https://savrn.com/ai-index/companies/cbre)[Colliers](https://savrn.com/ai-index/companies/colliers)[Cushman & Wakefield](https://savrn.com/ai-index/companies/cushman-wakefield)[datacenterHawk](https://savrn.com/ai-index/companies/datacenterhawk)[Green Street](https://savrn.com/ai-index/companies/green-street)[JLL](https://savrn.com/ai-index/companies/jll)[Transwestern](https://savrn.com/ai-index/companies/transwestern) Capital figures come from the [Capital Atlas](https://savrn.com/data-center-capital-atlas), refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so each figure appears as its source states it and none are added into a single deployment number. Informational, not investment advice. Sources The SAVRN reference set ## Seven references, one system Capital, delay, policy, water, grid, permits and scarcity are one system seen from seven sides. Each reference is primary-sourced, refreshed on a schedule, and links into the others, so a project can be followed from the money committed to the docket that stopped it. Capital Atlas Who is funding AI data centers: capital providers, named sites, financing transactions, and the blocked-and-delayed record, state by state and company by company. [Open the atlas →](https://savrn.com/data-center-capital-atlas) Delay Watchlist Project-level slippage: named projects, jurisdictional actions, utility and federal dockets, SEC disclosures, and the interconnection queue. Open the watchlist → Moratorium Tracker The policy layer: every state measure and local moratorium mapped and cited, with one page per state. Open the tracker → Water Tracker Every federal, state, local and interstate water measure that touches a data center, plus a fifty-state water ledger. Open the water tracker → Grid Operator Watchlist ERCOT, PJM, MISO, CAISO, SPP, NYISO, ISO-NE and FERC: the large-load rules, filings and queue positions that decide whether a site can energize. Open the watchlist → Permits and Power Development Data center and substation permits, large loads in the interconnection queues, and the power plants planned to serve them, refreshed hourly from public records. Open the permits tracker → SAVRN Scarcity Tracker Eleven primary-sourced indicators of AI infrastructure scarcity, one composite index, read against the token index, SAVRN's own cost basis and the frontier ceiling. Open the scarcity tracker → Have a specific address? Site Intelligence reads all seven references against one location, county, utility and grid operator included, and cites every finding. [Check an address →](https://savrn.com/site-intelligence)