Innovative Industrial Properties

General Information

We are a newly formed, self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Initially, we intend to acquire our properties through sale-leaseback transactions and third-party purchases. We expect to lease our properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including maintenance, taxes and insurance.

Employees: 5
Founded: 2016
Contact Information
Address 17190 Bernardo Center Drive, San Diego, CA 92128, US
Phone Number (858) 997-3332
Web Address
View Prospectus: Innovative Industrial Properties
Financial Information
Market Cap $80.0mil
Revenues $4.2 mil (last 12 months)
Net Income $3.5 mil (last 12 months)
IPO Profile
Symbol IIPR
Exchange NYSE
Shares (millions): 3.4
Price range $20.00 - $20.00
Est. $ Volume $67.0 mil
Manager / Joint Managers Ladenburg Thalmann/ Compass Point
CO-Managers -
Expected To Trade: 12/1/2016
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change