Farmland partners sells 862-acre arkansas farm

Denver--(business wire)--farmland partners inc. (nyse: fpi) (the “company” or “fpi”) today announced that it sold 862 acres of farmland in white county, arkansas, for $3.7 million – an approximate gain of 24% over net book value. “the farmland real estate sector is still open for business. we continue to hunt for prime land to acquire, and we are always willing to entertain strong offers for existing properties in our portfolio,” explained luca fabbri, fpi's president and ceo.
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