INNOVATIVE INDUSTRIAL PROPER (IIPR)
US45781V1017 - REIT
INNOVATIVE INDUSTRIAL PROPER
NYSE:IIPR (4/26/2024, 7:04:00 PM)
After market: 97.71 0 (0%)97.71
-0.17 (-0.17%)
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
IIPR News
2 days ago - InvestorPlaceProtect Your Portfolio: 3 Dividend Stocks to Buy Before the Coming Market CrashFacing a delayed interest rate cut and mixed economic indicators, exploring top dividend stocks is a more prudent investment approach.
2 days ago - InvestorPlaceThe Top 3 Real Estate Stocks to Buy in April 2024Companies involved in the real estate market offer investors access to the industry without purchasing properties.
2 days ago - InvestorPlaceThe Only 3 Cannabis Stocks Sensible Investors Are BuyingSensible investors will choose these cannabis stocks and others like them as the sector matures over the coming years.
4 days ago - InvestorPlaceWant More Green? Buy These 3 Red-Hot Cannabis Stocks Today.Cannabis stocks may be some of the most controversial investment ideas. But they are also turning out to be one of the most profitable.
5 days ago - Innovative Industrial Properties, Inc.Innovative Industrial Properties to Report 2024 First Quarter ResultsReal estate and cannabis are hot topics with investors in 2024. Real estate stands out as a solid investment due to its historical resilience, potential for long-term appreciation, and the ability to generate consistent rental income. Cannabis, on the other hand, is more exciting, offering the opportunity to invest in a rapidly expanding legal market with increasing social acceptance and the potential for significant growth in various sectors, including medicinal and recreational use. While some
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