Gladstone acquires California and Washington blueberry farmland
Gladstone acquires California and Washington blueberry farmland
Gladstone Land Corp. has acquired approximately 1,670 total acres of farmland and facilities located San Joaquin County, CA, and Whatcom County, WA. The acquisition includes approximately 1,390 planted acres of organic and conventional blueberries, as well as a fresh packing and cooling facility. In connection with the acquisition, Gladstone Land entered into a 10-year, triple-net leaseback agreement with the seller.