Blackstone Sold the Servers, But Kept the Thesis
The market bounced, but the real money story is institutional capital rotating into data centers, building materials, real estate platforms, and anything that controls the bottlenecks behind AI infrastructure.
Blackstone’s data center sale is the real headline today. Digital Realty agreed to buy Blackstone’s interest in three Northern Virginia hyperscale data centers in a transaction valuing the assets at $7.8B, giving the market a live marker for how institutional capital values leased, power-backed digital infrastructure. Today’s episode also breaks down Martin Marietta’s $13.5B Lhoist…
The skinny
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