Benzinga | Oct 26, 2020 08:37AM EDT

Gladstone Land Acquires Three Farms In South Carolina

MCLEAN, VA / ACCESSWIRE / October 26, 2020 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 597 gross acres of farmland and farm-related facilities across three farms located in Bamberg County and Orangeburg County, South Carolina, for approximately $3.8 million. In connection with the acquisition, Gladstone Land also entered into a 10-year lease agreement with a leading sod grower in the region.