SAN DIEGO and SOUTH SAN FRANCISCO, Calif., Feb. 21, 2023 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Plenty Unlimited Inc. (“Plenty”) today announced that they have entered into a strategic real estate alliance to support the development of Plenty’s indoor vertical farms. Under the terms of the agreement, Realty Income will acquire and provide development funding for properties that will house Plenty’s indoor farms. These properties will be leased to Plenty under long-term net leases. The agreement provides for up to $1 billion of development opportunities.

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