Menlo Equities Launches Dedicated Data Center Platform

US private real estate investment and development firm Menlo Equities is doubling down on data centers with a new dedicated platform - Menlo Digital, focused on the acquisition, development, and operation of data centers.

Rick Holmstrom, Menlo Equities' founder and executive chairman, said: "We are in the midst of a secular change with the digitization of the economy and the ongoing adoption of cloud and AI technology. Menlo Equities has been an active investor in the data center space since the late 1990s, and we believe the opportunity in front of us warrants the creation of a dedicated platform with focused resources to service this fast-growing and rapidly evolving asset class."

"With the launch of Menlo Digital, we are deepening our commitment to this asset class and positioning ourselves to deliver best-in-class facilities for a new era of digital growth. With our presence in the primary US data center markets and unique ability to procure power at scale, Menlo Digital is ideally placed to partner with global hyperscalers and large enterprises to meet low-latency requirements for continued growth of the public cloud and the inference rollout of AI technologies," said Kevin Kujawski, president of Menlo Digital.