Venyu Expands In Gulf Shores

One of the Louisiana's only Cloud players is expanding again as demand perks up along the Gulf Coast.

We went crawfish boiling to get an interview with Venyu's Matt Wallace (here) and Tommy Curb about their recent $14M expansion of its Baton Rouge BTR1 data center facility. Matt says for its variety of customers—with names like Lamar Advertising, H&E Heavy Equipment—the need for expansion has much to do with Cloud computing. With a collection of its existing customers, Matt says they're already at quarter capacity in the expansion in the Baton Rouge addition. (We're running out of space, does this mean handwritten letters are going to make a comeback?)

“We're comfortable in the Gulf South,” Tommy tells us. “We do have intentions to look at locations outside of Louisiana.” (There's two things that are constant in this life, taxes and people using the Internet.) Venyu already operates three facilities in Louisiana including in Shreveport and in Baton Rouge. It's latest expansion adds 23k SF to its Baton Rouge facility.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI