Innovative Industrial Properties, Inc. (IIPR) Reports Q4 Loss of $2.80

Innovative Industrial Properties, Inc. (NYSE: IIPR) reported Q4 EPS of ($2.80). Revenue for the quarter came in at $321 thousand, versus $0 reported last year.

ourth Quarter 2016 Highlights

• The Company completed its initial public offering on the New York Stock Exchange.
• The Company acquired a 127,000 square foot industrial property in a sale-leaseback transaction with PharmaCann LLC (the \"Initial Property\").
• The Company generated total revenues of $321,000 and rental revenues of $180,000, reflecting the pro rata rent paid by PharmaCann at its Initial Property in December 2016.

For earnings history and earnings-related data on Innovative Industrial Properties, Inc. (IIPR) click here.

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