Innovative Industrial Properties Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Public

  • Employees
  • 22

Employees

  • Stock Symbol
  • IIPR

Stock Symbol

  • Investments
  • 1

  • Share Price
  • $74.03
  • (As of Thursday 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
Corporate Office
  • 17190 Bernardo Center Drive
  • San Diego, CA 92128
  • United States
+1 (858)
Primary Industry
Real Estate Investment Trusts (REITs)
Other Industries
Buildings and Property
Stock Exchange
NYS
Vertical(s)
Cannabis, LOHAS & Wellness
Corporate Office
  • 17190 Bernardo Center Drive
  • San Diego, CA 92128
  • United States
+1 (858)

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Innovative Industrial Properties Stock Performance

As of 06-Feb-2025, Innovative Industrial Properties’s stock price is $74.03. Its current market cap is $2.1B with 28.3M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$74.03 $73.47 $62.45 - $138.35 $2.1B 28.3M 359K $5.67

Innovative Industrial Properties Financials Summary

As of 30-Sep-2024, Innovative Industrial Properties has a trailing 12-month revenue of $311M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 4,003,785 3,024,481 3,073,287 7,052,384
Revenue 310,929 309,506 276,359 204,551
EBITDA 238,588 240,432 229,446 171,749
Net Income 163,269 165,588 154,386 113,990
Total Assets 2,395,331 2,391,090 2,414,836 2,084,602
Total Debt 297,503 300,880 301,495 326,092
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Innovative Industrial Properties Valuation & Funding

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

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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
22 As of 2024

Chicago, IL
 
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Innovative Industrial Properties Competitors (1)

One of Innovative Industrial Properties’s competitors is NewLake Capital Partners, a Corporation company based in Chicago, IL.

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

Innovative Industrial Properties Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Innovative Industrial Properties Investments (1)

Innovative Industrial Properties’s most recent deal was a Corporate Asset Purchase with Innovative Industrial Properties (16 Acre Industrial Space Property Located in Ocala, Florida) for . The deal was made on 10-Jun-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Innovative Industrial Properties (16 Acre Industrial Space Property Located in Ocala, Florida) 10-Jun-2024 Corporate Asset Purchase Buildings and Property
To view Innovative Industrial Properties’s complete investments history, request access »

Innovative Industrial Properties ESG

Risk Overview

Risk Rating

Updated March, 01, 2024

18.62 | 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

Management

Management is related to actions taken to manage ESG issues

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

of 15,120

Rank

Percentile

Real Estate

Industry

of 1,010

Rank

Percentile

REITs

Subindustry

of 427

Rank

Percentile

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

Innovative Industrial Properties FAQs

  • When was Innovative Industrial Properties founded?

    Innovative Industrial Properties was founded in 2016.

  • Where is Innovative Industrial Properties headquartered?

    Innovative Industrial Properties is headquartered in San Diego, CA.

  • What is the size of Innovative Industrial Properties?

    Innovative Industrial Properties has 22 total employees.

  • What industry is Innovative Industrial Properties in?

    Innovative Industrial Properties’s primary industry is Real Estate Investment Trusts (REITs).

  • Is Innovative Industrial Properties a private or public company?

    Innovative Industrial Properties is a Public company.

  • What is Innovative Industrial Properties’s stock symbol?

    The ticker symbol for Innovative Industrial Properties is IIPR.

  • What is the current stock price of Innovative Industrial Properties?

    As of 06-Feb-2025 the stock price of Innovative Industrial Properties is $74.03.

  • What is the current market cap of Innovative Industrial Properties?

    The current market capitalization of Innovative Industrial Properties is $2.1B.

  • What is Innovative Industrial Properties’s current revenue?

    The trailing twelve month revenue for Innovative Industrial Properties is $311M.

  • Who are Innovative Industrial Properties’s competitors?

    NewLake Capital Partners is a competitor of Innovative Industrial Properties.

  • What is Innovative Industrial Properties’s annual earnings per share (EPS)?

    Innovative Industrial Properties’s EPS for 12 months was $5.67.

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