Description
Gladstone Land Corp is an externally-managed, agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland.
It owns approximately 164 farms comprised of over 112,542 acres across 15 states in the United States, as well as several farm-related facilities.
The Company's farms are located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. It also owns farms growing permanent crops, such as almonds, apples, cherries, figs, lemons, olives, pistachios, and other orchards, as well as blueberry groves and vineyards.
It also owns several farm-related facilities, such as cooling facilities, packinghouses, processing facilities, and various storage facilities. The Company is managed by its external adviser, Gladstone Management Corporation.
