Gladstone 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.
Gladstone Land acquires two farms for $15.8M Gladstone Land announced that it has acquired 2,668 acres of land with 1,664 farmable acres in Hendry County, Florida, for approximately $15.8M. The company entered into a 5-year lease agreement with a leading grower and marketer of fresh vegetables. The lease provides for annual escalations and two 5-year extension options.