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Gold Leaf Farming Expands Footprint with Acquisition of 36-Acre Medjool Date Gardens in Bard Valley, CA

2/12/2020
SAN DIEGO, Calif., February 12, 2020 – Cushman & Wakefield today announced the firm has advised buyer Gold Leaf Farming in its acquisition of 36 acres of farmland in Bard Valley, California. Consisting of two separate tracts, the property is developed with mature medjool date gardens. The seller was a family partnership, led by Perry Schuman, that owned the ranch for 45 years.

Gold Leaf Farming Bard ValleyGold Leaf Farming, which owns and manages almond, pistachio and date properties in California and Arizona, was represented in the sale by Matt Davis and Terry Jackson of Cushman & Wakefield’s Land Advisory Group in San Diego.

“With this investment, Gold Leaf is excited to expand their farming footprint into dates and desert farmland,” said Matt Davis, Director. “Reliable and reasonably priced water, along with the growing market demand for dates as a fresh and healthy snack food, made this an exciting opportunity for our client.” He continued, “Gold Leaf is also currently looking for additional date gardens to acquire.”

Jack McCarthy of Gold Leaf Farming said, “As younger growers, we aim to build a farming company for the long-haul that will emulate the hard work, high character, and quality operations of past generations of successful growers while leveraging ag technology and sustainable ag practices wherever possible. Our deep ag experience will allow us to continue to operate this farm with the highest quality standards."

McCarthy continued, “We are patient, long-term focused operators. We won't buy new properties unless we'd be happy owning them forever.”

According to the Cushman & Wakefield team, Bard Valley’s unique micro climate of high heat, low humidity and high-water table from the Colorado River combined with fertile soils make this the perfect growing region for medjool dates.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake External Link on Twitter.

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Joshua Deale San Diego Communications Manager
Joshua Deale

Communications Manager • San Francisco

Mr. Deale leads strategic media relations and thought leadership efforts for the West Region markets, and oversees their online presence including managing article and social media efforts.