Innovative Industrial Properties Inc  

(Public, NYSE:IIPR)   Watch this stock  
Find more results for IIPR
18.00
0.00 (0.00%)
Real-time:   11:55AM EST
NYSE real-time data - Disclaimer
Currency in USD
Range 17.87 - 18.24
52 week 14.50 - 20.52
Open 18.15
Vol / Avg. 5,506.00/25,980.00
Mkt cap 60.30M
P/E     -
Div/yield     -
EPS     -
Shares 3.35M
Beta     -
Inst. own     -

Address

1190 Bernardo Center Drive
SAN DIEGO, CA 92128
United States - Map

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money

Description

Innovative Industrial Properties, Inc. is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. The Company intends to acquire its properties through sale-leaseback transactions and third-party purchases. It is focused on leasing its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including maintenance, taxes and insurance. The Company intends to conduct business in an umbrella partnership real estate investment trust (UPREIT), structure through its operating partnership. The Company's real estate investments will consist of primarily properties suitable for cultivation and production of medical-use cannabis.