2022.06.21 08:30

Gladstone Land Acquires Olive Orchard in California

MCLEAN, VA / ACCESSWIRE / June 21, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 1,374 gross acres of farmland located in Glenn County, California, for $24.5 million from Solum Partners ("Solum"), headquartered in Boston, Massachusetts.In connection with the acquisition, Gladstone Land also entered into a 15-year, triple-net lease agreement with California Olive Ranch, Inc.

The copyright of this article belongs to the original author/organization.
The current content only represents the author’s point of view, and has nothing to do with the position of Longbridge. The content is for investment reference only and does not constitute any investment advice. If you have any questions or suggestions about the content services provided by Longbridge, please contact: