INNOVATIVE INDUSTRIAL PROPER (IIPR)

Company Profile

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The company is headquartered in Park City, Utah and currently employs 22 full-time employees. The company went IPO on 2016-11-29. The firm is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The firm is engaged in the business of providing real estate for the regulated cannabis industry. The firm acquires its properties through sale-leaseback transactions and third-party purchases. The firm owns approximately 108 properties comprising 9.0 million square feet (including 722,000 rentable square feet under development/redevelopment) in 19 states, including Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP Operating Partnership, LP, Innovative Industrial Properties, LP, IIPR, Inc. and IIP-GP 2 LLC.

Company Info

INNOVATIVE INDUSTRIAL PROPER

1389 Center Drive, Suite 200

Park City UTAH 84098

P: 18589973332

CEO: Paul Smithers

Employees: 22

Website: https://innovativeindustrialproperties.com/