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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 15, 2020 2:58pm
85 Views
Post# 31561258

S&P crossed up on Monday

S&P crossed up on Monday barely & has extended the k over d crossover ystrdy & so far today. It had dropped below past ATH of 3393 but has now rallied above that & 3400, so bias is now up until proven otherwise FAANG & M have firmed up & along with other growth stocks like TSLA ZM CRWD IIPR, may regain leadership. Arguably the most important single growth stick is AAPL with the highest mkt cap of 2T, & they just finished their conference presentation today: new watches, iPads & services, incl Apple One services bundle; was appetizer for their upcoming 5G iPhone due out in Oct which will be a boost for product sales & ARR services.sales. Still like IIPR AAPL CRWD FVRR FSLY DOCU @ current prices, as growth & megacap growth will likely regain leadership soon.
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