Data as of March 31, 2025 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
Operator Type
90% MSO
10% SSO
Public vs. Private
62% Public
38% Private
Data as of 3/31/25 unless otherwise noted:
– 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.
– “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.
– Excludes non-cannabis tenants that comprise less than 1% of annualized base rent in the aggregate.
– “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.