Innovative Industrial Properties, Inc.Equity-NMS: IIPR
Equity-NMS: IIPR
$98.2
+0.22
(3 Mar)
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1W
3M
1Y
5Y
Previous close
$98.20
Open
$98.20
Today’s high
$98.39
Today’s low
$96.28
52W low
$63.36
52W high
$105.07
1Y
22.95%
5Y
10.05%
PE
16.98
Div yield
7.15%
EPS (TTM)
5.76
Dividend
7.00
Shares O/S
28.21M
Market cap
2.77B
Insights
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About Innovative Industrial Properties, Inc.

Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry.

The Company acquires its properties through sale-leaseback transactions and third-party purchases. The Company 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. .


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