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.
