High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Carolinas  + Industrial  | 
Unifi sells NC plant for $53M

Data Center Operator Buys 946K-SF Greensboro Yarn Factory

Enovum Data Centers Corp. has bought a Greensboro yarn factory for $53.2 million. The 946,000-square-foot building at 805 Island Drive is on about 95 acres.

The Triad Business Journal reports that Unifi, based in Greensboro, is closing the Madison factory, putting it up for sale, and laying off 250 employees. Employees will be offered jobs at other Unifi operations.

Founded in 1971, Unifi makes filament and spun yarn, staple fiber, resin, and polyester flake used in apparel, footwear, home furnishings, industry, construction, medical, and military applications. Its Repreve brand recycled fiber is made from recycled plastic drink bottles.

On its website, Bit Digital says it provides data centers and cloud computing services for artificial intelligence and machine learning developers. It has bitcoin mining operations in the United States, Canada and Iceland.

Connect

Inside The Story

Enovum

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition