Gladstone Land Corporation (NASDAQ:LAND)

Gladstone Land Corporation, an externally managed real estate company, engages in the ownership and leasing of agricultural farmland in the United States. It owns 12 farms, including 6 farms in California and 6 farms in Florida. The company leases its farms to 6 separate tenants that are corporate or independent farmers for farming fresh produce, such as strawberries, raspberries, blackberries, lettuce, cabbage, radicchio, cantaloupes, watermelons, okra, and peas. Its properties comprise 1,631 acres of farmland in California and Florida. The company also intends to acquire properties related to farming, such as cooling facilities, processing plants, packing buildings, and distribution centers. Gladstone Land Corporation was incorporated in 1997 and is based in McLean, Virginia.