Gladstone Land Corporation
Gladstone Land's cash crop. Operating through its subsidiaries, Gladstone Land is an externally managed real estate investment firm that owns two farms in California. It leases its properties -- which cover about 960 acres -- to Dole Fresh Vegetables, a subsidiary of Dole Foods. Since 2004 Dole has used the firm's farmland to grow fruit crops like strawberries, as well as various types of vegetables. Recently, Gladstone has been taking steps to grow its business and is seeking to qualify as a real estate investment trust (REIT). It intends to acquire additional leasable farmland and is also planning to set up a mortgage lending division. Founded in 1997, the firm filed to go public in mid-2010.
Contact Details
Office Address
Gladstone Land Corporation
1521 Westbranch Dr., 2nd Fl
McLean, VA , USA 22102
Phone: (703) 287-5800
Fax: (703) 287-5801
Executives
Chairman and CEO
David J. Gladstone
President, Chief Investment Officer, and Director
George (Chip) Stelljes III