Cannabis REIT On The Move: Innovative Industrial Properties Announces Q2 2021 Activity

-focused real estate company Innovative Industrial Properties, Inc. (NYSE: IIPR) on Tuesday revealed its operating, investment and capital markets activity from the past three months.

The San Diego-based company currently owns 72 properties totaling roughly 6.6 million rentable square feet across 18 states, including Arizona, , Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Dakota, , Pennsylvania, Texas, Virginia and Washington.

IIP disclosed that from April 1,  through Tuesday, it has invested roughly $1.6 billion and had committed an additional approximately $347.8 million to reimburse certain tenants and sellers for the finalization of construction and …

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