Innovative Industrial Properties
San Diego, CA, United StatesFounded 2016
About Innovative Industrial Properties
Innovative Industrial Properties is the first publicly traded REIT focused on cannabis, acquiring and leasing industrial properties to state-licensed cannabis operators through sale-leaseback transactions on the NYSE.
Key Facts
- 1First and largest publicly traded cannabis-focused REIT on the NYSE with a multi-billion dollar property portfolio
- 2Owns over 100 properties across 19 states leased to licensed cannabis operators on long-term triple-net leases
Frequently Asked Questions
How does IIPR's sale-leaseback model work?
IIPR buys cannabis facilities from operators and leases them back on long-term triple-net leases, providing operators with capital while IIPR earns stable rental income and dividends.
Can any cannabis company work with IIPR?
IIPR works with state-licensed operators who own qualifying industrial properties; typical transactions range from $5M to $50M+.
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IIPR Stock
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Cannabis Laws
Products
- Sale-Leaseback Transactions
- Cannabis Property Leasing
- Capital Solutions
Specialties
Cannabis REIT operationsSale-leaseback capital provision
Company Details
- Type
- Distributor
- Location
- San Diego, CA, United States
- Founded
- 2016
- Publicly Traded
- Yes
- Ticker
- NYSE:IIPR
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