Schrader Real Estate and Auction Company

Farmland Partners Acquires 8,638 Acres of Illinois Farmland at Auction for $55 Million

River bottomland goes for $6,400-plus per acre. Farmland Partners Inc. (FPI) has entered into a purchase agreement to acquire 8,638 acres of row crop farms in Illinois for $55.3 million in cash. The Denver-based REIT will fund the transaction with

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Posted in Agriculture, Auctions, Farming, Feature, Illinois, Midwest

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