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Innovative Industrial Properties Inc IIPR

Alternate Symbol(s):  IIPR.PR.A

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 108 properties comprising 9.0 million square feet (including 722,000 rentable square feet under development/redevelopment) in 19 states, including 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 Operating Partnership, LP, Innovative Industrial Properties, LP, IIPR, Inc. and IIP-GP 2 LLC.


NYSE:IIPR - Post by User

Post by drbob512on Sep 13, 2020 2:39pm
91 Views
Post# 31550177

SPY daily stochastic is

SPY daily stochastic isbarely crossed down @ k 13.9% while d is 14.9% so very oversold & a bounce is likely this week. S&P 500 & Dow fell last week but held just above their 50 dma while Nasdaq, Russell 2000 & QQQ fell below their 50 dma's, The leadership & breadth of any bounce will need to be strong or else the bounce will give way to lower lows than printed in the past 2 wks. By leadership i mean the megacap growth stocks like AAPL MSFT AMZN. AAPL held its 50 dma while MSFT did not.
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