Innovative Industrial Properties

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About IIPR

Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. The firm's property portfolio includes PharmaCann, Inc., SH Parent, Inc., Ascend Wellness Holdings, Inc., Cresco Labs Inc., and Kings Garden Inc.

CEO

Paul E. Smithers

CEOPaul E. Smithers

Employees

Employees22

Headquarters

Park City, Utah

HeadquartersPark City, Utah

Founded

2016

Founded2016

Employees

Employees22

IIPR Key Statistics

Market cap

1.52B

Market cap1.52B

Price-Earnings ratio

12.07

Price-Earnings ratio12.07

Dividend yield

13.62%

Dividend yield13.62%

Average volume

284.66K

Average volume284.66K

High today

$56.56

High today$56.56

Low today

$54.17

Low today$54.17

Open price

$55.72

Open price$55.72

Volume

114.51K

Volume114.51K

52 Week high

$136.78

52 Week high$136.78

52 Week low

$45.44

52 Week low$45.44

IIPR News

Simply Wall St 2d

How Investors May Respond To Innovative Industrial Properties Securing a $100 Million Revolving Credit Facility

On October 6, 2025, Innovative Industrial Properties announced the closing of a new US$100 million secured revolving credit facility with a federally regulated...

Analyst ratings

50%

of 6 ratings

Buy

16.7%

Hold

50%

Sell

33.3%