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Plenty to team with Realty Income on deal for Chesterfield County indoor farming campus

by Index Investing News
February 22, 2023
in Property
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Plenty Unlimited Inc., a Bay Area indoor agriculture company that is building a $300 million vertical farming campus in Chesterfield County, said Tuesday it is partnering with San Diego’s Realty Income Corp. (NYSE: O) for its future real estate deals.

Under the agreement, Realty Income will acquire the land and provide development funding for the first farm at Plenty’s Richmond-area campus. The property will then be leased back to Plenty under a long-term net lease. The two companies said they…



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Tags: campusChesterfieldCountydealfarmingIncomeindoorPlentyRealtyteam
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