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Stock Market & Financial Investment News

News Breaks
January 3, 2014
08:06 EDTLANDGladstone Land announces farmland acquisition for $6.7M
Gladstone Land announced that it has acquired a 1,760-acre farm in Willcox, Cochise County, Arizona for $6.7M on December 27, 2013. The property is irrigated farm land with 13 existing water wells. In connection with the acquisition, the company executed a ten-year lease with Premier Grain Farms.
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July 28, 2014
09:14 EDTLANDGladstone Land acquires farmland in CA for $5.8M
Gladstone Land announced that it has acquired 322 acres of vegetable farmland in Arvin, California, for $5.8M. Upon acquisition, the company assumed the in-place lease on the property, which expires in October 2015. Gladstone Land also entered into a nine-year, follow-on lease agreement with a new tenant, Underwood Ranches, the exclusive grower of red jalapeno peppers for Sriracha hot sauce. This follow-on lease commences in November 2015 and provides for annual rent escalations.
July 24, 2014
08:35 EDTLANDGladstone Land acquires 68 acres of farmland in CA for $6.9M
Gladstone Land announced that it has acquired 68 acres of prime strawberry ground in Oxnard, California, for $6.9M. The property has water on site and has been farmed for row crop fruits and vegetables for decades. Gladstone Land also signed a three-year lease that escalates annually with a major international grower.
July 21, 2014
08:39 EDTLANDGladstone Land announces resignation of CFO Jones, Lewis Parrish to succeed
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