{"id":773441,"date":"2022-03-22T19:01:14","date_gmt":"2022-03-22T18:01:14","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/farmland-partners-adds-to-illinois-farm-portfolio\/"},"modified":"2023-07-11T08:45:56","modified_gmt":"2023-07-11T06:45:56","slug":"farmland-partners-adds-to-illinois-farm-portfolio","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/farmland-partners-adds-to-illinois-farm-portfolio\/","title":{"rendered":"Farmland Partners Adds to Illinois Farm Portfolio"},"content":{"rendered":"DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the \u201cCompany\u201d or \u201cFPI\u201d) yesterday further expanded its presence in Illinois with the acquisition of a corn and soybean farm in Edgar County.\n\n\n\nThe 65-acre property, which is all tillable, was purchased for $910,000 and will be leased back to the seller for the remainder of the year.\n\n\n\u201cThis tract adjoins other farmland owned by the Company, and its addition should enable us to lease a large swath of nearly contiguous land at a premium rental rate in the future,\u201d said FPI Chairman and CEO Paul Pittman. \u201cThat dynamic improves the tract\u2019s income-producing potential and its overall value.\u201d\n\n\nFPI now owns approximately 1,180 acres of high-quality farmland around the <div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>DENVER&#8211;(BUSINESS WIRE)&#8211;Farmland Partners Inc. (NYSE: FPI) (the \u201cCompany\u201d or \u201cFPI\u201d) yesterday further expanded its presence in Illinois with the acquisition of a corn and soybean farm in Edgar County. The 65-acre property, which is all tillable, was purchased for $910,000 and will be leased back to the seller for the remainder of the year. \u201cThis [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-773441","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Farmland Partners Adds to Illinois Farm Portfolio - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/farmland-partners-adds-to-illinois-farm-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Farmland Partners Adds to Illinois Farm Portfolio - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DENVER--(BUSINESS WIRE)--Farmland Partners Inc. (NYSE: FPI) (the \u201cCompany\u201d or \u201cFPI\u201d) yesterday further expanded its presence in Illinois with the acquisition of a corn and soybean farm in Edgar County. 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