Realty Income Corporation's $1 billion commitment to Plenty Unlimited marks vertical farming's evolution from venture-backed experiments to institutional real estate investment. This partnership positions indoor farms near urban centers, cutting transport distances from 2,000 to 50 miles while using 95% less water than conventional agriculture. With major retailers already backing Plenty, this institutional validation could reshape how communities access fresh produce, though questions remain about whether benefits reach neighborhoods that need local food systems most.
Realty Income's $1 Billion Vertical Farming Partnership Validates Local Food Systems
Realty Income Corporation's $1 billion commitment to Plenty Unlimited marks vertical farming's evolution from venture-backed experiments to institutional real estate investment. This partnership positions indoor farms near urban centers, cutting transport distances from 2,000 to 50 miles while using 95% less water than conventional agriculture. With major retailers already backing Plenty, this institutional validation could reshape how communities access fresh produce, though questions remain about whether benefits reach neighborhoods that need local food systems most.