Cannabis REIT

Cannabis-focused real-estate company Innovative Industrial Properties, Inc. (NYSE: IIPR) confirmed Monday it has bought a property in Windsor, Michigan for around $15.6 million. The property is located at 9410 Davis Highway.   What Happened In relation to the transaction, the company signed a...

Innovative Industrial Properties Inc. (NYSE: IIPR) has purchased a Texas-based property for roughly $3.4 million. The San Diego cannabis REIT confirmed Thursday it's closing the acquisition of a San Marcos-based property and entering into a long-term lease with Surterra Texas'...

4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is poised to secure some $30 million in financing through a partnership with Innovative Industrial Properties Inc. (NYSE: IIPR). The Phoenix-based company entered into sale-leaseback agreements with the cannabis REIT at its cultivation...

Editor's note: This story has been updated to reflect that Subversive Real Estate Acquisition REIT LP has not yet finalized its purchase of 15 cannabis assets as part of an SPAC deal.  Subversive Real Estate Acquisition REIT LP (NEO: SVX.U) is planning to announce a series of...

Innovative Industrial Properties, Inc. (NYSE: IIPR) has finalized the acquisition of a property in Michigan. The SanDiego cannabis REIT purchased the property — located at 29600 Stephenson Highway, north of Detroit — for $6.2 million, excluding transaction costs....

Cannabis real estate investment trust Innovative Industrial Properties Inc (NYSE: IIPR) is strengthening its presence in Pennsylvania through the acquisition of a property in the city of Saxton. What Happened The property includes two buildings with a total footage of 266,000 square feet. The value...

Innovative Industrial Properties Inc (NYSE: IIPR), one of the largest real estate investment trusts catering to the U.S. cannabis industry, acquired a 51,000 square foot property in Pittsburgh, Pennsylvania for which it already signed a long-term lease agreement. What Happened The purchase price...