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Stock impact report

Innovative Industrial Properties acquires Michigan property [Seeking Alpha]

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: Seeking Alpha
Seeking Alpha Financials Innovative Industrial Properties acquires Michigan property Oct. 9, 2019 11:59 PM ET | Innovative Industrial Pr... (IIPR) Gaurav Batavia Innovative Industrial Properties (NYSE: The company has entered into a long-term, triple-net lease agreement with LivWell Michigan, LLC, a licensee of LivWell Holdings. The company has agreed to provide reimbursement to tenant of up to $23M for the licensed cannabis cultivation and processing facility, thereby making total investment in the property to $42M. +2.2% Source: Press Release Click to subscribe to real-time analytics on IIPR Now read: Innovative Industrial Properties: The Best Stock In The World » Subscribe Show less Read more
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