MCLEAN, Va., Jan. 16, 2020 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (Nasdaq: LAND) (`Gladstone Land` or the `Company`) announced that it has acquired 1,324 gross acres of farmland in Holyoke, Colorado, for $7.5 million. The farm consists of 1,064 irrigated acres and will grow a rotation of potatoes, corn for use in the tenant`s feedlots, and sugar beets, which is a new crop type in the Gladstone Land portfolio. In connection with the acquisition, Gladstone Land also entered into a six-year, triple-net leaseback agreement with the seller. `This property represents our first closing of 2020,` said Bill Hughes, Managing Director of Gladstone Land. `We`re excited to be in a new region of...
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