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Innovative Industrial Properties, Inc. (IIPR) is a financial services company in the property investment trusts industry, based in San Diego, United States, with about 24 full-time employees.
It reported revenue of $265.96 million for fiscal year 2025, down 13.8% from fiscal year 2024, and net income of $111.45 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $63.32 million, up 0.7% from a year before. Its market capitalization was $1.43 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust focused on the acquisition, ownership and management of specialized industrial properties and financial investments in the life science industry. 4 million rentable square feet in 19 states. Innovative Industrial Properties, Inc.
Innovative Industrial Properties reported $265.96 million in revenue for fiscal year 2025, down 13.8% from $308.52 million in fiscal year 2024. In Q2 2026 revenue was $63.32 million.
$1.43 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (property investment trusts) include Veris Residential, Inc. (VRE), Uniti Group Inc. (UNIT), CBL & Associates Properties, Inc. (CBL), Empire State Realty Trust, Inc. (ESRT).