- The 322 acres of vegetable farmland in Arvin, CA was purchased for $5.8M, and Gladstone Land (LAND) has subsequently signed a 9-year lease with Underwood Ranches - the exclusive grower of red jalapenos for Sriracha hot sauce.
- It's Gladstone's first purchase in the southern San Joaquin Valley.
- Source: Press Release
From other sites
at Nasdaq.com (Feb 12, 2015)
at Nasdaq.com (Jan 20, 2015)
at Benzinga.com (Jan 6, 2015)
at Benzinga.com (Dec 18, 2014)
at MarketWatch.com (Apr 12, 2014)
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