Innovative Industrial Properties Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Public

  • Employees
  • 21

Employees

  • Stock Symbol
  • IIPR

Stock Symbol

  • Share Price
  • $98.21
  • (As of Friday Closing)

Innovative Industrial Properties General Information

Description

Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. It conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by Operating Partnership, directly or through subsidiaries. Its property portfolio is spread across the United States.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Real Estate Investment Trusts (REITs)
Other Industries
Buildings and Property
Stock Exchange
NYS
Corporate Office
  • 17190 Bernardo Center Drive
  • San Diego, CA 92128
  • United States
+1 (858) 000-0000

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Innovative Industrial Properties Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$98.21 $97.99 $63.36 - $105.07 $2.77B 28.2M 254K $5.82

Innovative Industrial Properties Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 3,024,481 3,024,481 3,073,287 7,052,384
Revenue 309,506 309,506 276,359 204,551
EBITDA 240,432 240,432 229,446 171,749
Net Income 165,588 165,588 154,386 113,990
Total Assets 2,391,090 2,391,090 2,414,836 2,084,602
Total Debt 300,880 300,880 301,495 326,092
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Innovative Industrial Properties Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Innovative Industrial Properties‘s full profile, request access.

Request a free trial

Innovative Industrial Properties Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Innovative Industrial Properties Inc is a real estate investment trust engaged in the acquisition, ownership, and manage
Real Estate Investment Trusts (REITs)
San Diego, CA
21 As of 2023
0000
000 0000-00-00
00000000 0000

000000

sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad m
000000000 000 000000
Chicago, IL
0 As of 0000
00000
0000 0000-00-00
00000000 00000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Innovative Industrial Properties Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
NewLake Capital Partners Corporation Chicago, IL 0 00000 00000000 00000
You’re viewing 1 of 1 competitors. Get the full list »

Innovative Industrial Properties Executive Team (6)

Name Title Board Seat Contact Info
Paul Smithers Chief Executive Officer & Founder
David Smith Chief Financial Officer, Finance & Treasurer, Finance
Catherine Hastings Chief Operating Officer, Operations
Ben Regin Chief Investment Officer
You’re viewing 4 of 6 executive team members. Get the full list »

Innovative Industrial Properties Board Members (2)

Name Representing Role Since
0000 0000 Self Chairman & Founder 000 0000
0000 000000 Innovative Industrial Properties Board Member 000 0000
To view Innovative Industrial Properties’s complete board members history, request access »

Innovative Industrial Properties Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Innovative Industrial Properties ESG

Risk Overview

Risk Rating

Updated December, 21, 2023

19.16 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,605

Rank

00.00

Percentile

Real Estate

Industry

00 of 1,031

Rank

00.00

Percentile

REITs

Subindustry

00 of 430

Rank

00.00

Percentile

To view Innovative Industrial Properties’s complete esg history, request access »

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »