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Key Stock Data
The current last sale of $50.26
|Intraday||Last 52 Weeks|
|High:||$ 51.82||$ 49.7399|
|Low:||$ 47.08||$ 18.06|
Company Description (as filed with the SEC)
As used herein, the terms "we", "us", "our" or the "Company" refer to Innovative Industrial Properties, Inc., a Maryland corporation, and any of our subsidiaries, including IIP Operating Partnership, LP, a Delaware limited partnership, or our Operating Partnership. We are a 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. We were incorporated in Maryland on June 15, 2016, and we intend to elect and continue to operate our business so as to qualify to be taxed as a REIT for U.S. federal income tax purposes, beginning with our taxable year ended December 31, 2017. We conduct our business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which our properties are owned by our Operating Partnership, directly or through subsidiaries. ... More ...