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Stock Market & Financial Investment News

News Breaks
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.
News For LAND From The Last 14 Days
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June 29, 2015
08:40 EDTLANDGladstone 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.
June 22, 2015
08:22 EDTLANDGladstone Land signs purchase agreements to acquire more farmland
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