Gladstone Land adds organic farmland in North Carolina

|About: Gladstone Land (LAND)|By:, SA News Editor

Gladstone (NASDAQ:LAND) acquires two contiguous farms totaling 310 organic acres in North Carolina for about $2.2M. Upon purchase, the company entered into a 10-year lease with Southern Belle Organics, the current tenant on both farms.

It's Gladstone's first purchase in the Carolinas.

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