trending Market Intelligence /marketintelligence/en/news-insights/trending/-0tlYr3OFW3iI7MGEifVVg2 content esgSubNav
In This List

Innovative Industrial Properties completes 1st sale-leaseback transaction

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends


Innovative Industrial Properties completes 1st sale-leaseback transaction

Innovative Industrial Properties Inc., which recently wrapped up its IPO, closed on its first sale-leaseback transaction in New York.

The company acquired PharmaCann LLC's newly constructed 127,000-square-foot medical-use cannabis cultivation and processing facility for $30 million.

The lease has an initial term of 15 years, with two five-year extension options.