Our Portfolio

Data as of September 30, 2023 for the total portfolio. Rentable square feet includes expected rentable square feet upon completion of projects under development or redevelopment.
Additional information found here:

IIP Financial Supplement Report

Property Type (1)
Property Type Graphics_3.31.23
Operator Type (1)(2)

90% MSO

10% SSO

Public vs. Private (1)

62% Public

38% Private

Data as of 9/30/23 unless otherwise noted:

(1) As a % of Annualized Base Rent (“ABR”). ABR is calculated by multiplying the sum of contractually due base rents and property management fees for the last month in the quarter, by twelve. ABR calculations exclude IIP’s lease with Parallel for a Pennsylvania property.

(2) “MSO” stands for Multi-State Operator which means the tenant (or guarantor) conducts cannabis operations in more than one state. “SSO” stands for Single-State Operator which means the tenant (or guarantor) conducts cannabis operations in a single state.

(3) “Industrial” reflects facilities utilized or expected to be utilized for regulated cannabis cultivation, processing and/or distribution activities, which can consist of industrial and/or greenhouse space.