Paul Smithers

Innovative Industrial Properties, Inc. (NYSE: IIPR) closed on the acquisition of a property comprising approximately 104,000 square feet of industrial space in Webster, Massachusetts. The purchase price for the property was $21.5 million, which is fully built out and operational as a regulated...

Innovative Industrial Properties, Inc. (NYSE: IIPR) entered into an amendment of the lease with Green Thumb Industries Inc. (OTCQX: GTBIF) (CSE:GTII) The lease amendment in Danville, Pennsylvania, provided $55.0 million in reimbursement to Green Thumb for the recently completed development of a 152...

Innovative Industrial Properties, Inc. (NYSE: IIPR) announced that it will report results for its first quarter ended March 31, 2022 after the market closes on May 4, 2022. Alan Gold, executive chairman, Paul Smithers, president and CEO, Catherine Hastings, CFO and Ben Regin, vice president of...

Innovative Industrial Properties, Inc. (NYSE: IIPR) real estate company focused on the regulated U.S. cannabis industry, closed the acquisition of a Maryland property comprising approximately 84,000 square feet of industrial and greenhouse space. The purchase price for the property was $25.0...

Innovative Industrial Properties, Inc. (NYSE: IIPR), a cannabis-focused real estate company, closed on the acquisition of a New Jersey property and entered into a long-term lease with a subsidiary of Ascend Wellness Holdings, Inc. (OTCQX: AAWH) at the property....

Cannabis REIT Innovative Industrial Properties, Inc. (NYSE: IIPR) confirmed Tuesday that it has completed the $72.7 million acquisition of a portfolio of 27 properties in Colorado, Pennsylvania and North Dakota that are 100% leased for use as regulated cannabis dispensing, processing and/or...

Innovative Industrial Properties, Inc. (NYSE: IIPR) announced Monday it has completed the acquisition of a 201,000 square foot industrial property in Desert Hot Springs, California and entered into a long-term lease with Gold Flora, LLC. The San Diego-based cannabis real estate company agreed to...

Cannabis-focused real estate investment trust Innovative Industrial Properties, Inc. (NYSE: IIPR) has wrapped up the acquisition of a property in Missouri just a month following the purchase of Hancock, Maryland-based property previously owned by Harvest Health & Recreation Inc. (CSE: HARV) (...

Cannabis-focused real estate company Innovative Industrial Properties, Inc. (NYSE: IIPR)  acquired a property in Illinois for $6.5 million and signed a long-term lease with a subsidiary of 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF). Deal Details ...

Cannabis-focused real estate company Innovative Industrial Properties, Inc. (NYSE: IIPR) confirmed Monday it has finalized the purchase of a Warren, Michigan-based property for around $10.3 million. The acquired property spreads across 85,000 sq. ft. of industrial space. What happened In relation...

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...