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Farmland investment sales activity in the Imperial Valley remained strong in 2018 but far below the deal volume of 2017 and 2016. According to a new report from Cushman & Wakefield, farmland sales in the market fell 28% in 2018 while sales value fell 70%. The shift is a sign of a normalizing market with demand led mostly by smaller local farmers compared to more investment fund activity in 2016 and 2017.

“Investment in farmland has historically been and remains a conservative investment vehicle that generates consistent returns and steady appreciation,” Matt Davis, director at Cushman & Wakefield, tells GlobeSt.com. “Additionally, farmland investments are viewed as an attractive wealth preservation tool for family offices and private equity as well as a good hedge against inflation. An investment group focused on sustainable investing acquired a substantial portfolio in 2016 expanded their holding in 2017.  This assemblage skewed the average price per acre value higher in the two years leading up to 2018.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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