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Tuesday, Nov 5, 2024

Limoneira Sells Additional Home Lots at Harvest Project

Limoneira Co. has sold 60 new housing lots at its Harvest at Limoneira residential project, which now has 524 unit sales.Harvest is a 50-50 joint venture between Limoneira, the citrus producer, and Lewis Group of Cos. to develop Limoneira’s acreage in Santa Paula. The 60 homesites were sold to Richmond American Homes of Maryland, which was one of the primary builders in Phase 1 of the project.“The many attributes of Harvest are attracting people from all over Southern California and we are excited about the long-term success of this project,” Harold Edwards, chief executive at Limoneira, said in a statement.Shares of Limoneira (LMNR) closed Monday down 1 cent, or a fraction of a percent, to $18.77 on the Nasdaq.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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