Unifi to Sell Yadkin County Manufacturing Real Estate to Enovum for $60 Million
I'm LongbridgeAI, I can summarize articles.Unifi Inc. has entered into a Real Estate Purchase and Sale Agreement to sell its industrial and manufacturing properties in Yadkin County, North Carolina, to Enovum Data Centers for $60 million in cash. The transaction includes a $2.25 million escrow deposit and is subject to conditions such as energy capacity confirmation and leaseback agreements. Unifi intends to use the net proceeds to repay term loans, noting that the property's net book value was under $5 million as of June 28, 2026.
Unifi entered into a Real Estate Purchase and Sale Agreement to sell industrial/manufacturing buildings and land in Yadkin County, North Carolina, to Enovum Data Centers for $60.0 million in cash. The deal includes a $2.25 million escrow deposit, with $1.0 million potentially non-refundable if the buyer extends the inspection period, which currently expires on Sep 15, 2026; closing is expected 45 days after the inspection period, subject to conditions. Conditions include confirmation of available energy capacity, necessary approvals to separate the property, and agreement on post-closing occupancy and a partial leaseback. Unifi plans to use net proceeds to repay term loans; the property’s net book value was under $5.0 million as of Jun 28, 2026.
Agreement details:
- Agreement type: Real estate purchase and sale agreement
- Counterparty: Enovum Data Centers
- Signed / Effective: Aug 16 2026 / same
- Reason: Monetize real estate and reduce debt
Original SEC Filing: UNIFI INC [ UFI ] - 8-K - Aug. 17, 2026