I

Innovative Industrial Properties
D

IIPR

52.360
USD
-0.32
(-0.61%)
Market Open
Volume
7,403
EPS
4
Div Yield
14.43
P/E
13
Market Cap
1,473,193,891
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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