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Oct 12, 2017
MCLEAN, Va., Oct. 12, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that none of its farms or farm-related buildings in California have been impacted by the wildfires that are spreading in the northern part of the state. "Our closest farms ...
Oct 10, 2017
MCLEAN, Va., Oct. 10, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announc...
Oct 2, 2017
MCLEAN, Va., Oct. 02, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has acquired a 1,280-acre farm in Baca County, Colorado, for $900,000.  Upon acquisition, the Company entered into a 4-year, triple-net lease backed by one of the leading farm operators in...
Sep 13, 2017
MCLEAN, Va., Sept. 13, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announces minimal damage to its farms and farm facilities in Florida in the wake of Hurricane Irma. "We have spoken to our tenant-partners across the state who reported that crop losses a...
Sep 12, 2017
MCLEAN, Va., Sept. 12, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it closed its previously announced offering of 1,000,000 shares of its common stock at a public offering price of $12.25 per share on September 12, 2017.  Simultaneously with the closing of the offering, ...
Sep 11, 2017
MCLEAN, Va., Sept. 11, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has acquired a 746-acre organic farm in Walla Walla, Washington for $9.5 million.  Upon acquisition, Gladstone Land assumed a lease with a remaining term of six years with a leading farmi...
Sep 8, 2017
MCLEAN, Va., Sept. 08, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it has priced its public offering of 1,000,000 shares of its common stock at a price to the public of $12.25 per share. The Company also granted the underwriters a 30-day option to purchase up to 150,000 ...
Sep 7, 2017
MCLEAN, Va., Sept. 07, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it plans to sell shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of common stock solely to cov...
Sep 5, 2017
MCLEAN, Va., Sept. 05, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it acquired a 361-acre vineyard in Santa Barbara County, California, for approximately $5.4 million.  Upon acquisition, Gladstone Land entered into a 10-year, triple-net lease with a lead...
Aug 9, 2017
MCLEAN, Va., Aug. 09, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced that it has acquired a 1,910-acre farm in Okeechobee, Florida, for $9.7 million.  Upon acquisition, Gladstone Land entered into a 6-year lease agreement with Cabbage, Inc., for a 6-year, triple-net lease that inclu...
Aug 8, 2017
MCLEAN, Va., Aug. 08, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") today reported financial results for the second quarter ended June 30, 2017. A reconciliation of funds from operations ("FFO"), Core FFO ("CFFO"), and Adjusted FFO ("AFFO"), all non-GAAP (gene...
Aug 7, 2017
MCLEAN, Va., Aug. 07, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: ...
Jul 17, 2017
MCLEAN, Va., July 17, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired four contiguous farms totaling 847 gross acres in Fresno County, California, for approximately $13.6 million.  In total, the farms contain approximately 327 acres of p...
Jul 11, 2017
MCLEAN, Va., July 11, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that its ...
Jun 5, 2017
MCLEAN, Va., June 05, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired two contiguous farms totaling 310 organic acres in North Carolina for approximately $2.2 million.  Upon acquisition, Gladstone Land entered into a 10-year lease agr...
Jun 1, 2017
MCLEAN, Va., June 01, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired four farms totaling 3,253 gross acres and 3,032 irrigated acres (a portion of which is organic) in southwestern Arizona for $27.5 million.  Approximately 1,221 of...
May 9, 2017
MCLEAN, Va., May 09, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") today reported financial results for the first quarter ended March 31, 2017. A reconciliation of funds from operations ("FFO"), Core FFO ("CFFO"), and Adjusted FFO ("AFFO"), all non-GAAP (...
May 8, 2017
MCLEAN, Va., May 08, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: ...
Apr 11, 2017
MCLEAN, Va., April 11, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that its boa...
Mar 13, 2017
MCLEAN, Va., March 13, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today its schedule of presentation times at certain upcoming conferences for the spring of 2017. ...
Mar 8, 2017
MCLEAN, Va., March 08, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it has priced its public offering of 1,680,000 shares of its common stock at a price to the public of $11.35 per share. The Company also granted the underwriters a 30-day option to purchase up to 252,0...
Mar 7, 2017
MCLEAN, Va., March 07, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it plans to sell approximately 1,400,000 shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase approximately 210,000 a...
Feb 21, 2017
MCLEAN, Va., Feb. 21, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today reported financial results for the fourth quarter and year ended December 31, 2016. A reconciliation of funds from operations ("FFO"), Core FFO ("CFFO") and Adjusted FFO ("AFFO"), all non-GAAP (general...
Feb 16, 2017
MCLEAN, Va., Feb. 16, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: ...
Feb 9, 2017
MCLEAN, Va., Feb. 09, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its primary investment focus, farmland growing annual fresh produce, had the highest returns of any other crop type category in 2016, returning a total of 18.03%, versus the average ...
Jan 31, 2017
MCLEAN, Va., Jan. 31, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that it ...
Jan 26, 2017
MCLEAN, Va., Jan. 26, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that California continues to experience dramatic drought relief and is on track to have one of the wettest winters on record.  As of January 24, 2017, the season-to-date precipitation...
Jan 12, 2017
MCLEAN, Va., Jan. 12, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired approximately 3,750 acres of organic farmland in southern Florida for $54 million.  Upon acquisition, the Company entered into a lease agreement with a leading grow...
Jan 10, 2017
MCLEAN, Va., Jan. 10, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that its boar...
Jan 3, 2017
MCLEAN, Va., Jan. 03, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that on December 28, 2016, it acquired 16,595 acres of farmland across one large, contiguous farm in Baca County, Colorado, for total consideration of approximately $9.1 million in cash and ...
Nov 14, 2016
MCLEAN, Va., Nov. 14, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today reported financial results for the third quarter ended September 30, 2016. A reconciliation of funds from operations ("FFO"), Core FFO ("CFFO") and Adjusted FFO ("AFFO"), all non-GAAP (generally accepted accounti...
Nov 10, 2016
MCLEAN, Va., Nov. 10, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: ...
Oct 25, 2016
MCLEAN, Va., Oct. 25, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it will be presenting at the Sidoti & Company Fall 2016 Emerging Growth Convention in New York City. ...
Oct 17, 2016
MCLEAN, Va., Oct. 17, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired an almond orchard in Fresno County, California, consisting of approximately 197 acres for $6.5 million.  Upon acquiring the property, the Company entered into a ...
Oct 11, 2016
MCLEAN, Va., Oct. 11, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced a 3.0% increase i...
Oct 6, 2016
MCLEAN, Va., Oct. 06, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today the modification of its existing credit facility with Metropolitan Life Insurance Company ("MetLife"), which included an increase in the overall size of the facility from $125 million to $20...
Sep 14, 2016
MCLEAN, Va., Sept. 14, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired two large almond orchards in California (one in Stanislaus County and one in Merced County), consisting of 2,485 total acres (collectively, the "Property").  The P...
Sep 12, 2016
MCLEAN, Va., Sept. 12, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that its ...
Sep 6, 2016
MCLEAN, Va., Sept. 06, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired 7,384 acres of farmland across 5 farms in Baca County, Colorado, for total consideration of approximately $4.9 million in cash and 125,677 common units of limited pa...
Aug 17, 2016
MCLEAN, Va., Aug. 17, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it closed its previously announced offering of 1,000,000 shares of its newly-issued 6.375% Series A Cumulative Term Preferred Stock (the "Series A Term Preferred Stock") at a public offering price of $25.0...
Aug 16, 2016
MCLEAN, Va., Aug. 16, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has entered into agreements to acquire approximately 7,384 acres of farmland in Colorado for approximately $4.9 million in cash and 125,677 common units of limited partnership intere...
Aug 11, 2016
MCLEAN, Va., Aug. 11, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired approximately 70 acres of farmland in Hillsborough County, Florida, for $1.7 million.  In connection with the acquisition, the Company assumed a lease agreement wit...
Aug 10, 2016
MCLEAN, Va., Aug. 10, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it has entered into an agreement to sell 1,000,000 shares of its newly-designated 6.375% Series A Cumulative Term Preferred Stock (the "Series A Term Preferred Stock") at an offering price of $25.00 per...
Aug 10, 2016
MCLEAN, Va., Aug. 10, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it plans to sell shares of a newly-designated Series A Cumulative Term Preferred Stock (the "Series A Preferred Stock") in an underwritten public offering. The public offering price and other terms are ...
Aug 2, 2016
MCLEAN, Va., Aug. 02, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today reported financial results for the second quarter ended June 30, 2016. A reconciliation of funds from operations ("FFO"), Core FFO ("CFFO") and Adjusted FFO ("AFFO"), all non-GAAP (generally accepted accoun...
Jul 12, 2016
MCLEAN, Va., July 12, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that its bo...
Jul 5, 2016
MCLEAN, Va., July 05, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired approximately 401 acres of farmland in St. Lucie County, Florida, for $5.1 million.  Upon acquisition, the Company entered into a lease agreement with a leading g...
Jun 20, 2016
MCLEAN, Va., June 20, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company"), announced today that it, through one of its wholly-owned subsidiaries, has expanded its secured note purchase facility with Federal Agricultural Mortgage Corporation ("Farmer Mac"), (NYSE:AGM) and (AGM.A) from $75.0 milli...
May 2, 2016
MCLEAN, Va., May 02, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today reported financial results for the first quarter ended March 31, 2016.  A description of funds from operations ("FFO"), Core FFO ("CFFO") and Adjusted FFO ("AFFO"), all non-GAAP (generally accepted accounting princip...
Apr 28, 2016
MCLEAN, Va., April 28, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: ...
Apr 12, 2016
MCLEAN, Va., April 12, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced a 3.1% increase in ...
Apr 5, 2016
MCLEAN, Va., April 05, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that it has acquired 453 acres of farmland in Fresno County, California, for approximately $15.5 million.  The property includes 435 planted acres of pistachio trees ranging from 5 to 19 years old. ...
Mar 3, 2016
MCLEAN, Va., March 03, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation  (the "Company") announced today that it has acquired ...
Feb 23, 2016
MCLEAN, Va., Feb. 23, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today reported financial results for the fourth quarter and year ended December 31, 2015.  A description of funds from operations ("FFO"), Core FFO ("CFFO") and Adjusted FFO ("AFFO"), all non-GAAP (generally accepted acco...
Feb 22, 2016
MCLEAN, Va., Feb. 22, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: ...
Feb 22, 2016
MCLEAN, Va., Feb. 22, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announced today that the three regions in which it owns approximately 87% of its farmland were the three highest performing regions in the United States for 2015, according to the National Council of Real Estate Investment Fiduciaries ("NCREI...
Feb 3, 2016
MCLEAN, Va., Feb. 03, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that it plans ...
Jan 12, 2016
MCLEAN, Va., Jan. 12, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that its boa...
Dec 28, 2015
MCLEAN, Va., Dec. 28, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it has acquired 1,239 acres of land with 840 irrigated, farmable acres near Willcox, Arizona, for approximately $5.7 million.  The Company entered into a leaseback agreement with the seller for a 10-y...
Dec 11, 2015
MCLEAN, Va., Dec. 11, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it has priced its public offering of 900,000 shares of its common stock at a price to the public of $8.82 per share. The Company also granted the underwriters a 30-day option to purchase up to 135,000 additional shares of com...
Dec 10, 2015
MCLEAN, Va., Dec. 10, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today announced that it plans to sell approximately 1,100,000 shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase approximately 165,000 additional shares of c...
Nov 3, 2015
Please note that the limited information that follows in this press release is not adequate for making an informed investment judgment. MCLEAN, Va., Nov. 3, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today reported financial results for the three and nine months ended September 30, 2015. A description ...
Nov 2, 2015
MCLEAN, Va., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that it has acquired 691 acres of farmland with 390 farmable acres in Hendry County, Florida, for approximately $3.8 million. Upon acquisition, the Company entered into a lease agreement with a leading grower and marketer of fresh ...
Nov 2, 2015
MCLEAN, Va., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: What: Gladstone Land Corporation's Third Quarter Ended September 30, 2015 Earnings Call & Webcast   When: Wednesday, November 4 @ 8:30 a.m. EST   Where:http://edge.media-server.com/m/...
Oct 22, 2015
MCLEAN, Va., Oct. 22, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") released certain annual row crop statistics associated with growing fresh fruits and vegetables versus growing traditional commodity crops, such as corn, wheat and soybeans. Below is a table that compares the revenues, profits and rental ...
Oct 14, 2015
MCLEAN, Va., Oct. 14, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that on October 13, 2015, its board of directors declared the following monthly cash distributions and also announced its plan to report earnings for the third quarter ended September 30, 2015. Cash Distributions: ...
Sep 8, 2015
MCLEAN, Va., Sept. 8, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that it has acquired three farms comprised of approximately 850 gross acres of irrigated farmland in Kern County, California, for $19 million. Currently, the property is mostly planted in wine grapes; however, the Company will fin...
Aug 24, 2015
MCLEAN, Va., Aug. 24, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that it has acquired two farms, consisting of 2,559 acres of farmland with 2,101 pivot-irrigated farmable acres, in Rock and Holt Counties, Nebraska, for approximately $11.0 million. The Company entered into a leaseback agreement ...
Aug 4, 2015
Please note that the limited information that follows in this press release is not adequate for making an informed investment judgment. MCLEAN, Va., Aug. 4, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") today reported financial results for the three and six months ended June 30, 2015. A description of fun...
Aug 3, 2015
MCLEAN, Va., Aug. 3, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) announces the following event: What: Gladstone Land Corporation's Second Quarter Ended June 30, 2015 Earnings Call & Webcast   When: Wednesday, August 5 @ 8:30 a.m. E...
Jul 14, 2015
MCLEAN, Va., July 14, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions and also announced its plan to report earnings for the second quarter ended June 30, 2015. Cash Distributions: Common Stock: $0.04 per s...
Jun 29, 2015
MCLEAN, Va., June 29, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it has acquired 2,668 acres of land with 1,664 farmable acres in Hendry County, Florida, for approximately $15.8 million. The Company entered into a 5-year lease agreement with a leading grower and marketer of fresh vegetable...
Jun 22, 2015
MCLEAN, Va., June 22, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it recently entered into two purchase and sale agreements to purchase five farms, comprised of 3,519 aggregate acres of irrigated cropland in California and Florida, for approximately $35 million. The Company also has six add...
May 15, 2015
Please note that the limited information that follows in this press release is not adequate for making an informed investment judgment. MCLEAN, Va., May 15, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today reported financial results for the first quarter ended March 31, 2015. A description of funds fro...
May 14, 2015
MCLEAN, Va., May 14, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's First Quarter Ended March 31, 2015 Earnings Call & Webcast   When: Monday, May 18 @ 8:30 a.m. EDT ...
May 13, 2015
MCLEAN, Va., May 13, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced the pricing of its public offering of 1,250,000 shares of common stock, at a price to the public of $11.40 per share, for a total of approximately $14.3 million of gross proceeds and a total of approximately $13.3 million of net pr...
May 12, 2015
MCLEAN, Va., May 12, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced that it plans to sell approximately 1,100,000 shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase approximately 165,000 additional shares of co...
May 5, 2015
MCLEAN, Va., May 5, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it plans to report earnings for the first quarter ended March 31, 2015, after the stock market closes on Friday, May 15, 2015. The Company will hold a conference call Monday, May 18, 2015, at 8:30 a.m. EDT to discuss its earnin...
Apr 14, 2015
MCLEAN, Va., April 14, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced a 14.3% increase in its monthly cash distribution, beginning with the months of April, May and June 2015. The new per-share cash distribution rate is $0.04 per month, or $0.48 per year. "We are pleased to be able to increase our mo...
Mar 10, 2015
MCLEAN, Va., March 10, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired 417 acres of land with 271 organic farmable acres in Manatee County, Florida, for approximately $3.2 million. The property is currently farmed by Wish Farms, Inc. ("Wish Farms"), a leading...
Feb 24, 2015
Please note that the limited information that follows in this press release is not adequate for making an informed investment judgment. MCLEAN, Va., Feb. 24, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today reported financial results for the fourth quarter and year ended December 31, 2014. A descriptio...
Feb 23, 2015
MCLEAN, Va., Feb. 23, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Fourth Quarter and Year Ended December 31, 2014 Earnings Call & Webcast   When: Wednesday, February...
Feb 3, 2015
MCLEAN, Va., Feb. 3, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it plans to report earnings for the fourth quarter and year ending December 31, 2014, after the stock market closes on Tuesday, February 24, 2015. The Company will hold a conference call Wednesday, February 25, 2015, at 8:30 a...
Jan 20, 2015
MCLEAN, Va., Jan. 20, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that William "Bill" Hughes has joined the Company's management team to seek potential acquisitions of farms in the Midwest. Mr. Hughes has been in the farm business for over 20 years and will be responsible for originating and managing ...
Jan 13, 2015
MCLEAN, Va., Jan. 13, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced a 16.7% increase in its monthly cash distribution, beginning with the months of January, February and March 2015. The new per-share cash distribution rate is $0.035 per month, or $0.42 per year. "We are pleased to be able to inc...
Jan 6, 2015
MCLEAN, Va., Jan. 6, 2015 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it closed on the acquisition of a 331-acre strawberry farm in Salinas, California, for approximately $17.0 million. The Company won the right to acquire this property at a public auction that took place in December 2014. The p...
Dec 18, 2014
MCLEAN, Va., Dec. 18, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it won, at a public auction, the right to acquire a 331-acre strawberry farm in Salinas, California, for approximately $17.0 million. The property, located in a premier agricultural region in Monterey County, has four wells o...
Dec 15, 2014
MCLEAN, Va., Dec. 15, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it, through one of its wholly-owned subsidiaries, has completed an initial issuance under a secured bond purchase agreement with Federal Agricultural Mortgage Corporation ("Farmer Mac") that provides for borrowings up to an a...
Nov 19, 2014
MCLEAN, Va., Nov. 19, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today its board of directors elected Caren D. Merrick as a director to fill a vacancy in its Class of 2016. Ms. Merrick was also appointed a member of the Company's Audit Committee, effective immediately. Ms. Merrick is an "independent ...
Nov 5, 2014
MCLEAN, Va., Nov. 5, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it has acquired a strawberry farm consisting of 65 acres in Ventura County, California, for approximately $6.1 million. The property has its own well, excellent soil and lies in a prime strawberry growing region. Gladstone Lan...
Oct 30, 2014
MCLEAN, Va., Oct. 30, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it has acquired two farms consisting of 332 farmable acres in Ventura County, California, for $24.6 million. The property is leased to Sunrise Growers and farmed for berries and tomatoes by Eclipse Berry Farms, LLC, a leading...
Oct 29, 2014
MCLEAN, Va., Oct. 29, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that, in connection with its common stock offering completed on September 29, 2014, the underwriters of the offering exercised and closed a portion of their option to purchase an additional 73,453 shares of com...
Oct 27, 2014
Please note that the limited information that follows in this press release is not adequate for making an informed investment judgment. MCLEAN, Va., Oct. 27, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today reported financial results for the third quarter ended September 30, 2014. A description of fund...
Oct 24, 2014
MCLEAN, Va., Oct. 24, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Third Quarter Ended September 30, 2014 Earnings Call & Webcast When: Tuesday, October 28 @ 8:30 a.m. EDT Where:http://www.media-server.com/m/p/wnkqh3fz Ho...
Oct 7, 2014
MCLEAN, Va., Oct. 7, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions and also announced its plan to report earnings for the third quarter ended September 30, 2014.Cash Distributions:Common Stock: $0.03 per share of common ...
Oct 7, 2014
MCLEAN, Va., Oct. 7, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announces that today its board of directors elected Walter H. Wilkinson, Jr. to the board to fill the directorship vacancy created upon the death of a former director. Mr. Wilkinson was also appointed a member of each of the Company's Compensation...
Oct 2, 2014
MCLEAN, Va., Oct. 2, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it has obtained an additional mortgage with Farm Credit of Central Florida, ACA ("Farm Credit"). The new mortgage totals $8.3 million and will mature in August 2034. The funds from this mortgage were used to acquire a $13.8 mi...
Sep 30, 2014
MCLEAN, Va., Sept. 30, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired 808 acres of land with 590 farmable acres and an onsite cooling-distribution facility in Manatee County, Florida, for $13.8 million. The property is currently farmed for berries and vegeta...
Sep 24, 2014
MCLEAN, Va., Sept. 24, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced that it has priced its public offering of 1,150,000 shares of its common stock at a price to the public of $12.28 per share. The Company also granted the underwriters a 30-day option to purchase up to 172,500 additional shares of...
Sep 23, 2014
MCLEAN, Va., Sept. 23, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced that it plans to sell approximately 1,150,000 shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase approximately 172,500 additional shares of ...
Sep 23, 2014
MCLEAN, Va., Sept. 23, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it has obtained mortgages on certain of its farms with Farm Credit of Central Florida, ACA ("Farm Credit"). The mortgages total $4.3 million and will mature in 2034. The mortgages bear interest at a rate of 3.52% per annum t...
Sep 10, 2014
MCLEAN, Va., Sept. 10, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it recently filed its 2013 tax return with the IRS, on which it elected to be taxed as a real estate investment trust ("REIT") for federal income tax purposes. The tax election to be treated as a REIT is ...
Aug 18, 2014
MCLEAN, Va., Aug. 18, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it recently entered into three purchase and sale agreements to purchase five farms, comprised of 3,522 aggregate acres of irrigated cropland in California and Florida, for approximately $45 million. The Company also has three...
Aug 12, 2014
MCLEAN, Va., Aug. 12, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND): It is with deep sadness that the board announces the passing of one of its directors, John D. Reilly ("Jack"). Jack was a director of all the Gladstone public funds since 2011, where he added great wisdom, knowledge, integrity, and encouragement to the manageme...
Aug 4, 2014
Please note that the limited information that follows in this press release is not adequate for making an informed investment judgment. MCLEAN, Va., Aug. 4, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today reported financial results for the second quarter ended June 30, 2014. A description of funds from op...
Aug 1, 2014
MCLEAN, Va., Aug. 1, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Second Quarter Ended June 30, 2014 Earnings Call & Webcast When: Tuesday, August 5 @ 8:30 a.m. EDT ...
Jul 28, 2014
MCLEAN, Va., July 28, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired 322 acres of vegetable farmland in Arvin, California, for $5.8 million. Upon acquisition, the Company assumed the in-place lease on the property, which expires in October 2015. Gladstone La...
Jul 24, 2014
MCLEAN, Va., July 24, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired 68 acres of prime strawberry ground in Oxnard, California, for $6.9 million. The property has water on site and has been farmed for row crop fruits and vegetables for decades. Gladstone Lan...
Jul 21, 2014
MCLEAN, Va., July 21, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that on July 15, 2014, Danielle Jones resigned as the Chief Financial Officer of Gladstone Land Corporation (the "Company"), and the board of directors accepted her resignation and appointed Lewis Parrish, the Company's current Chief Ac...
Jul 15, 2014
MCLEAN, Va., July 15, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions and also announced its plan to report earnings for the second quarter ended June 30, 2014. Cash Distributions: Common Stock: $0.03 per s...
Jun 26, 2014
MCLEAN, Va., June 26, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it has entered into the third of three lease renewals over the course of the previous nine months, all at an increase in rental rates. The renewal terms range from six to nine years, with an average increase in annual straigh...
Jun 23, 2014
MCLEAN, Va., June 23, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired two farms totaling 94 acres in Dover, Florida, for $2.7 million. The properties have water on site and have been farmed for row crop fruits and vegetables for decades. In connection with th...
Jun 16, 2014
MCLEAN, Va., June 16, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired a 145-acre farm in Watsonville, California for $5.9 million. The property has water on site and has been farmed for row crop fruits and vegetables for decades. In connection with the acquis...
Jun 2, 2014
MCLEAN, Va., June 2, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it has acquired two farms in Columbia County, Oregon, totaling 200 acres and 157 farmable acres for $2.6 million. The properties have water on site and have been farmed for blueberries for decades. In conne...
May 12, 2014
MCLEAN, Va., May 12, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that it increased its overall borrowing capacity by $75.0 million, or 150% in connection with its execution of a loan agreement with Metropolitan Life Insurance Company ("MetLife") for a new credit facility of up to $125.0 million ...
May 5, 2014
Please note the limited information that follows in this press release is not adequate for making an informed investment judgment. MCLEAN, Va., May 5, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today reported financial results for the first quarter ended March 31, 2014. A description of funds from operatio...
May 5, 2014
MCLEAN, Va., May 5, 2014 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq:LAND) issues a reminder of the following event: What: Gladstone Land Corporation's First Quarter Ended March 31, 2014 Earnings Call & Webcast     When: Tuesday, May 6th @ 8:30 a.m. EDT     Where:http://www.m...
Apr 8, 2014
MCLEAN, Va., April 8, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that its board of ...
Feb 28, 2014
MCLEAN, Va., Feb. 28, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND):  It is with deep sadness that the board announces the passing of one of its directors, Terry Earhart.  ...
Feb 24, 2014
MCLEAN, Va., Feb. 24, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") today reported financial results for the fourth quarter and year ended December 31, 2013.  A description of f...
Feb 20, 2014
MCLEAN, Va., Feb. 20, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) issues a reminder of the following event: ...
Jan 28, 2014
MCLEAN, Va., Jan. 28, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that...
Jan 7, 2014
MCLEAN, Va., Jan. 7, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that its board of d...
Jan 3, 2014
MCLEAN, Va., Jan. 3, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that it has acquired a 1,760-acre farm in Willcox, ...
Jan 2, 2014
MCLEAN, Va., Jan. 2, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that it has acquired a 1,895-acre farm in the Columbia B...
Dec 17, 2013
MCLEAN, Va., Dec. 17, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that it has acquired a 60-acre farm in Moorpark, ...
Dec 3, 2013
MCLEAN, Va., Dec. 3, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that its ...
Nov 6, 2013
MCLEAN, Va., Nov. 6, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that it has acquired three farms in Van Buren County...
Oct 29, 2013
MCLEAN, Va., Oct. 29, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") today reported financial results for the third quarter ended September 30, 2013.  A ...
Oct 29, 2013
MCLEAN, Va., Oct. 29, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) issues a reminder of the following event: ...
Oct 21, 2013
MCLEAN, Va., Oct. 21, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that it has acquired a farm in Monterey County near ...
Oct 8, 2013
MCLEAN, Va., Oct. 8, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that its board...
Aug 7, 2013
MCLEAN, Va., Aug. 7, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) issues a reminder of the following event: What: ...
Aug 7, 2013
MCLEAN, Va., Aug. 7, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") today reported financial results for the second quarter ended June 30, 2013.  A description of funds from operations ("FFO"), a relative non-GAAP (generally accepted account...
Aug 5, 2013
MCLEAN, Va., Aug. 5, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that William "Bill" Reiman has joined the Company's management team as a Managing Director.  Mr. Reima...
Aug 1, 2013
MCLEAN, Va., Aug. 1, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that it plans to postpone the release of its earnings for the second quarter ended June 30, 2013,  ...
Jul 9, 2013
MCLEAN, Va., July 9, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions:...
Jul 8, 2013
MCLEAN, Va., July 8, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that it plans to report earnings for the second quarter ended June 30, 2013, after the stock marke...
Jun 3, 2013
MCLEAN, Va., June 3, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that it has acquired a farm in Marion County near Salem, Oregon, with 209 total acres and 206 farmable acres for $3.1 million. The property has water on...
May 6, 2013
MCLEAN, Va., May 6, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") today reported financial results for the first quarter ended March 31, 2013.  A description of funds from operations ("FFO"), a relative non-GAAP (generally accepted accounting pr...
May 6, 2013
MCLEAN, Va., May 6, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) issues a reminder of the following event: ...
Apr 16, 2013
MCLEAN, Va., April 16, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that it plans to report earnings for the first quarter ended March 31, 2013, after the sto...
Apr 12, 2013
MCLEAN, Va., April 12, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the "Company") announced today that it has acquired a farm near Covert, Michigan, with 119 total acres and 89 farmable acres.  The property has water on site and is currently f...
Apr 9, 2013
MCLEAN, Va., April 9, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions: ...
Mar 27, 2013
MCLEAN, Va., March 27, 2013 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: ...
Mar 1, 2013
McLean, VA, March 1, 2013:  Gladstone Land Corporation (NASDAQ:LAND) (the “Company”) announced today that it plans to report earnings for the year ended December 31, 2012, after the stock market closes on Wednesday March 27, 2013. The Company will hold a conference call Thursday March 28, 2013 at 8:30 a.m. EDT to discuss its ear...
Feb 5, 2013
McLean, VA, February 5, 2013 – Gladstone Land Corporation (NASDAQ: LAND) (the “Company”) announced today that its board of directors declared  a cash distribution of $0.04 per common share for each of February and March 2013 payable per the table below. This is the first monthly distribution declared by the board of direct...
Jan 28, 2013
McLean, VA – January 28, 2013 – Gladstone Land Corporation (NASQAQ: LAND) today announced the pricing of its initial public offering of 3,333,334 shares of common stock at a price to the public of $15.00 per share. The shares are expected to begin trading on The NASDAQ Global Market under the ticker symbol "LAND" on Tuesday, J...
Sep 18, 2012
McLean, VA, September 18, 2012: Gladstone Land Corporation (“Gladstone Land” or the “Company”) announced today that it has acquired three row crop farms, including one cooling facility, near Plant City, Florida, with 124 total acres and 110 farmable acres. Each of the properties has water on site and has been farmed for m...
Aug 10, 2012
McLean, VA, August 10, 2012: Gladstone Land Corporation (the “Company”) announced today that it has acquired a 219 acre row crop farm with 181 farmable acres in Wimauma, Florida. The land has water on site and has been farmed for many years. It is currently farmed for strawberries and grape tomatoes, and it can be farmed for other ro...
Jun 4, 2012
McLean, VA, June 4, 2012: Gladstone Land Corporation (the “Company”) announced today that it obtained a new five year $4.8 million Line of Credit from MetLife, which will complement the existing $45.2 million Mortgage Facility the Company has with MetLife. The Company plans to utilize the Line of Credit for property improvements and ...
Jan 19, 2012
McLean, VA, January 19, 2012: This week, NCREIF released the 2011 results for the NCREIF Farmland Index. This index tracks appreciation and income on 493 farms, coast to coast in the U.S., with an aggregate value of $2.9 Billion. The properties tracked by this index have returned an annual rate of 15.2% over the last 10 years and 11.3% o...
Oct 31, 2011
McLean, VA, October 31, 2011: Gladstone Land Corporation (the “Company”) announced today that it has acquired a 60 acre row crop farm in Plant City, Florida. The land is farmed for strawberries, watermelons and cantaloupes and can be farmed for other crops too. The land has water on site and has been farmed for many years. The Compan...
Jul 7, 2011
McLean, VA, July 7, 2011: Gladstone Land Corporation (the “Company”) announced today that it has acquired a 72 acre raspberry farm in Watsonville, California. The farm is leased to Dutra Farms, an experienced and highly-regarded grower for Well-Pict Berries. Dutra Farms has farmed the property for over a decade and farms over 900 acr...
Jan 4, 2011
McLean, VA, January 4, 2011: Gladstone Land Corporation (the “Company”) announced today that it has acquired 196 acres of row crop farmland in Watsonville, California for $8,472,073. The farm is leased to two tenants who are growing strawberries and lettuce. The farm has water wells on the property and also has an ample supply of wat...
Jan 3, 2011
McLean, VA, January 3, 2011: Gladstone Land Corporation (the “Company”) announced today that it obtained a credit facility from MetLife. The facility is for $45.2 million and has a term of 15 years. The Company will utilize the facility to acquire more row crop farmland in the United States. David Gladstone commented, “...
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