Pennsylvania families sell 1,700 acres for $586 million amid AI data center boom

AI Summary

In Pennsylvania, 96 families sold 1,700 acres for $586 million to a Blackstone-backed data center developer amid an AI infrastructure boom. The transaction highlights a significant real estate transformation driven by the AI data center market surge.

The AI infrastructure race has turned a quiet Pennsylvania farming community into one of the country's hottest real estate markets. As 96 families sold 1,700 acres for a combined $586 million to a Blackstone-backed data center developer, David and Marilee Kiliti received over $22 million for their 89-acre hog farm. The unexpected windfall has allowed the family to clear debts, make new investments and completely transform their future.