I

Innovative Industrial Properties
D

IIPR

50.490
USD
-0.53
(-1.04%)
Post Trading·50.680USD+0.190(+0.38%)
Volume
13,902
EPS
4
Div Yield
15.04
P/E
11
Market Cap
1,392,077,411
Overview
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Title: Innovative Industrial Properties

Sector: Real Estate
Industry: REIT - Industrial
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its OperatingPartnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing realestate to regulated cannabis operators on long-term triple-net leases.
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