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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 20, 2020 1:07am
206 Views
Post# 31588095

IIPR down 1% to close

IIPR down 1% to close@ 124.79, while the S&P & Nsdq were down but off their intraday lows as they rallied some into the close. Some growth stocks bucked the mkt today by being up such as TSLA PTON CRWD TDOC LVGO OTRK. Most growth stocks are above their lows of the past 2 1/2 wks as bears may be losing some control, but the mkt is not out of the woods. The megacap growth stocks such as AAPL MSFT FB have relative weakness & if the mkt is to reverse up, strong leadership needs to show back up.
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