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Innovative Industrial Properties Inc
1389 Center Drive, Suite 200
Phone: (858) 997-3332p:858 997-3332 PARK CITY, UT  84098  United States Ticker: IIPRIIPR
Business Summary
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately d 108 properties comprising an aggregate of approximately 8.9 million rentable square feet (including approximately 1.4 million rentable square feet under development/redevelopment) in Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP-AZ 1 LLC, IIP-AZ 2 LLC, IIP-AZ 3 LLC, IIP-CA 2 LP, and IIP-CA 1 LP.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Industries
SIC Code Description
6500 Real estate
6519 Lessors of real property, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman Alan D.Gold
Executive Chairman of the Board Alan D.Gold 62 6/1/2016 6/1/2016
President, Chief Executive Officer and Director Paul E.Smithers
16 additional Officers and Directors records available in full report.

Business Names
Business Name
IIP Operating Partnership, LP
IIP-AZ 1 LLC
IIP-CO 1 LLC
16 additional Business Names available in full report.

General Information
Number of Employees: 21 (As of 12/31/2023)
Outstanding Shares: 28,328,647 (As of 3/15/2024)
Shareholders: 32
Stock Exchange: NYSE
Federal Tax Id: 812963381


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Friday, April 26, 2024