Innovative Industrial Properties Overview
- Year Founded
-
2016

- Status
-
Public
- Employees
-
22

- Stock Symbol
-
IIPR

- 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
Corporate Office
- 17190 Bernardo Center Drive
- San Diego, CA 92128
- United States
Corporate Office
- 17190 Bernardo Center Drive
- San Diego, CA 92128
- United States
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 |
Innovative Industrial Properties Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Innovative Industrial Properties Comparisons
Industry
Financing
Details
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 |
Innovative Industrial Properties Signals
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 |
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

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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