Gladstone Land acquires citrus groves in South Florida for ~$5.2M

Aug. 19, 2021 4:36 PM ETGladstone Land Corporation (LAND)By: Ravikash, SA News Editor6 Comments
  • Gladstone Land (NASDAQ:LAND) acquired two lemon and orange groves totaling 617 acres in South Florida for ~$5.2M.
  • In connection with the acquisition, Gladstone signed a 12-year leaseback agreement with the seller.
  • "We are continuing to target the highest quality farms with

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