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Innovative Industrial Properties, Inc. (IIPR)

NYSE Real Estate REIT - Industrial
$60.57 ▼ -1.38%
Market Cap
$1.76B
Sector
Real Estate
Industry
REIT - Industrial
Beta
1.43
52-Wk Range
44.58-65.38
CEO
Paul E. Smithers
Country
US
Currency
USD

Innovative Industrial Properties, Inc. is an independently managed, Maryland-based corporation primarily focused on acquiring, owning, and overseeing unique real estate assets. These properties are subsequently leased to experienced, state-licensed operators who utilize them for their regulated medical cannabis facilities. For tax purposes, the company adopted the structure of a Real Estate Investment Trust (REIT) starting from the end of 2017.

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