Innovative Industrial Properties acquires freestanding industrial and retail properties leased to state-licensed cannabis operators under long-term, absolute net lease agreements. Under our sale-leaseback program, we focus on well-capitalized companies that have successfully gone through the rigorous state licensing process and have been granted a license in the state where the property is located.
We act as a source of capital to these state-licensed operators by acquiring and leasing back their real estate across all product types: cultivation, processing, distribution, and retail. These transactions allow for the opportunity to redeploy the proceeds into core operations, yielding a higher return than they would otherwise get from owning real estate.
If you would like to discuss our program, please contact Ben Regin - Vice President of Investments: firstname.lastname@example.org