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Alico, Inc. entered into an Agricultural Lease Agreement with United States Sugar Corporation on June 18, 2026, for…
ALCOAlico, Inc.
Alico, Inc. entered into an Agricultural Lease Agreement with United States Sugar Corporation on June 18, 2026, for approximately 3,280 acres of real property in Hendry County, Florida. The lease term begins July 1, 2026, and expires June 30, 2027, with a ten-year extension option. The agreement includes a $29,520,000 purchase option for U.S. Sugar to acquire the property by June 30, 2029, priced at $9,000 per acre. Alico, Inc. operates in the agriculture industry, managing and developing land for agricultural production.