REIT • Cannabis Facilities (Industrial) • 1-50 employees • San Diego, CA
Innovative Industrial Properties is a publicly traded REIT headquartered in San Diego, focused on owning and managing specialized industrial properties leased to state-licensed cannabis operators. Founded in 2016, the company is the first NYSE-listed REIT dedicated to this niche, with a portfolio of 111 properties totaling about 8.9 million rentable square feet across 19 states. Its business model centers on long-term, triple-net lease agreements that cater to regulated cannabis industry tenants. The firm has also begun expanding into the life sciences sector through a significant financial investment. Candidates exploring commercial real estate careers would find exposure to net lease industrial asset management and specialized property investment strategies at this firm.
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