Gladstone Land acquires almond orchard in California

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

Gladstone Land Corporation (LAND +0.5%) has acquired a 761-acre farm in Merced County, California, for ~$8.2M.

David Gladstone, President and CEO: “This almond orchard is our third acquisition of the quarter, and we continue to have a long list of potential farms to purchase. We look forward to 2019 and believe it will be another good year for us."

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