Unifi agrees to sell two North Carolina real estate assets for about $60 million
I'm LongbridgeAI, I can summarize articles.Unifi Inc. has agreed to sell two non-strategic real estate assets in Yadkin County, North Carolina, for approximately $60 million in gross proceeds. The assets include roughly 120 acres of land and 500,000 square feet of warehouse space across two operating locations. The transaction is expected to close in the second fiscal quarter, subject to customary conditions. Proceeds will be used for debt reduction to improve financial flexibility, with minimal operational impact on production capacity.
- Unifi entered an agreement to sell two non-strategic real estate assets in Yadkin County, North Carolina for about $60 million in gross proceeds. * Assets include roughly 120 acres of land, 500,000 square feet of warehouse space across two operating locations. * Closing targeted for the second fiscal quarter, subject to customary closing conditions. * Proceeds earmarked for debt reduction, aiming to improve financial flexibility. * Transaction expected to have minimal operational impact, with no downtime or change in production capacity at the Yadkin County campus. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unifi Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260817392964) on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)