Power REIT announced that it acquired two properties with a total of 4.21 acres in Crowley County, Colorado through a wholly owned subsidiary . The Property is strategically located in a part of southern Colorado that offers a very favorable business setting and climate for greenhouse cultivation. As part of the transaction, Power REIT has agreed to fund the immediate construction of an approximately 21,732 square foot greenhouse and processing facility for approximately $1.84 million including the land acquisition cost.