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 21 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 110 properties comprising an aggregate of approximately 8.7 million rentable square feet (including approximately 1.6 million rentable square feet under development/redevelopment) in 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-AZ 1 LLC, IIP-AZ 2 LLC, IIP-AZ 3 LLC, IIP-CA 1 LP and IIP-CA 2 LP.

Company Info

INNOVATIVE INDUSTRIAL PROPER

1389 Center Drive, Suite 200

Park City UTAH 84098

P: 18589973332

CEO: Paul Smithers

Employees: 21

Website: https://innovativeindustrialproperties.com/