Agricultural Equity
PGIM Real Estate’s Agricultural Investments team builds each portfolio from the ground up and looks for opportunities that are accretive to the portfolio while staying with the client’s investment guidelines.
Uniquely Positioned
The Agricultural Investments team is uniquely positioned to serve institutional investors who seek portfolio diversification into the farmland asset class. We have served institutional clients since 1989, and today our assets under management and custodial property management services total $2.0 billion.*
Customized Portfolios
We can create customized portfolios for investors who seek diversification into the food, fiber and biofuel feedstock production sectors of the U.S. agricultural economy.
The Agricultural Investments team also has the expertise to manage clients’ agricultural portfolio strategies, including direct operations and development of permanent plantings.
Weathering Climate Change
Climate change is no longer a hypothetical risk. It is already transforming the global economy, reshaping markets and altering the investment landscape.
PGIM's latest Megatrends paper proposes an actionable climate-change agenda that addresses both hidden portfolio vulnerabilities and potential opportunities in the transition to a lower-carbon world.
Focused on Growth
$2.0B
AUM and Custodial Property Management Services*30+
Average Years Senior Management Investment Experience5
Regional Offices
Recent Acquisitions
Benton County, WA
The vineyard consists of a variety of mature, producing premium wine grapes with long-term contracts in place.
Highlands County, FL
The citrus groves consists of mature and young citrus trees mainly for the juice processing industry. PGIM Real Estate secured a new three-year fruit contract with a large juice processor.
Kings County, CA
The pistachio development consists of young pistachio trees planted in 2014 that will begin to produce meaningful yields in the very near future.
DeKalb County, IL
The row crop property is the first organic row crop farm for the client and is planted to organic corn, soybeans, and oats.
Agricultural Equity Experts
Jess Jarratt
Head of Agricultural Finance & Investments
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Jamie Shen
Managing Director
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Christopher Jay
Managing Director
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Jon Mark Erstine
Executive Director
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Ed Lassiter
Executive Director
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Jason Pucheu
Executive Director
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Juan Castro-Anzola
Vice President
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Jim Holstein
Vice President
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Fendley Ragland
Vice President
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*As of December 31, 2021.