Former Qorvo plant in Greensboro sold for $18 million

Lumentum paid $18 million for Qorvo’s former Greensboro plant at 7908 Piedmont Triad Parkway, buying two parcels in the 240,000-square-foot complex now linked to data-center manufacturing.

The Silicon Valley company’s purchase gives a new use to a recognizable Guilford County industrial property that had been part of Qorvo’s Greensboro footprint. Qorvo, the Greensboro-based chipmaker, announced in August 2025 that it would shut the plant as part of a restructuring, setting up a sale that shifted the site from local semiconductor production to a buyer tied to one of the economy’s fastest-growing infrastructure markets.

Lumentum’s interest points to the kind of real estate data-center suppliers want. Those firms need large buildings, strong utility access, loading capacity and room for specialized production and logistics, which makes established industrial sites in Greensboro especially valuable when they can be adapted quickly. The deal suggests that manufacturing space in Guilford County is still drawing buyers with advanced-tech uses in mind rather than sitting vacant.

The transaction could also have practical local consequences. A City of Greensboro press release said the move would preserve and create jobs, and Business North Carolina reported that Lumentum planned a 400-worker Greensboro plant. The company also planned to begin production in 2028, meaning the property’s next phase is tied not just to ownership, but to a longer buildout that could affect hiring, tax value and demand for nearby industrial services.

For Greensboro, the sale carries added symbolism because Qorvo has long been part of the city’s business identity. Qorvo’s April 29, 2025 earnings release identified the company as Greensboro-based, and its decision to close the plant underscored how quickly the local industrial map can change when a major employer restructures. Lumentum’s arrival shows that the same site can still attract a different kind of manufacturing user, one connected to digital infrastructure rather than traditional assembly.

That matters in Guilford County, where the market for large industrial buildings is increasingly shaped by data-center supply chains and the companies that feed them. A sale like this does not just change the name on the deed. It can reset expectations for jobs, investment and the value of industrial land along the Triad’s major corridors.