Farmland LP, a fund manager focused on organic farmland in the U.S., has purchased Riverwood Farm, a 1,184-acre property in Oregon’s Willamette Valley.

The purchase works to help Farmland LP drive its production of crops with market demand, particularly wine grapes, organic blueberries and hazeluts. Following the transaction, Farmland LP will own and manage approximately 5,000 acres in Oregon and over 16,000 acres across three states in the western U.S.

“The addition of Riverwood Farm will allow us to increase our organic and regeneratively farmed footprint to meet consumer demand while providing excellent returns for our investors,” states Craig Wichner, CEO of Farmland LP.