Innovative Industrial Properties, Inc. · NYSE:IIPR
Innovative Industrial Properties — Investor Presentation (June 2019)
11 slides from Innovative Industrial Properties's investor presentation, Jun 24, 2019
Slide 1: Innovative Industrial Properties
INNOVATIVE INDUS TRIAL P ROP ERTIES Le a d in g P ro vid e r O f R e a l E s ta te C a p ita l F o r Th e Me d ic a l-Us e C a n n a b is In d u s try NYS E : IIP R www. in n o va tive in d u s tria lp ro p e rtie s . c o m As o f J u n e 2 4 , 2 0 1 9 1
Slide 2: Notice to Investors & Forward-Looking Statements
Notice to Investors & Forward-Looking Statements This presentation and our associated comments include "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Ex
Slide 3: The Team
The Team The Innova tive Indus tria l P rope rtie s te a m ha s the prove n e xpe rie nce a nd tra ck re cord in a ll a s pe cts of re a l e s ta te - including a cquis itions , ma na ge me nt, de ve lopme nt a nd fina ncing, to ca pita lize on this ra pidly e xpa nding indus try ALAN GOLD, EXECUTIV
Slide 4: The Company
The Company FOCUSED STRATEGY EXPERIENCED MANAGEMENT TEAM • Medical cannabis approved licensees • Strong, specialized real estate underwriters with over $10 • Locations in states with robust medical cannabis approved billion in acquisition and development transaction value (2) programs (33 states plu
Slide 5: The Portfolio
The Portfolio Innovative Industrial Properties Portfolio Statistics (as of 6/24/19) Properties 22 Rentable Square Feet(1) 1,658,000 Arizona, California (6), Colorado, Illinois, Maryland, States Massachusetts (2), Michigan (2), Minnesota, New York (2), Ohio (2) and Pennsylvania (3) Total Invested Cap
Slide 6: Tenant Roster
Tenant Roster G VIFCO [AW HI Ty THE w ASCEND WELLNESS HOLDINGS (GREEN) S% " SOLUTION | MAITRI | EMERALD T PHARMACANN |
Slide 7: The Portfolio – Tenant Roster
The Portfolio – Tenant Roster Tenant Amount Invested(1) Comments PharmaCann $68.5 million Vertically integrated, multi-state operator Green Peak Innovations $31.0 million Vertically integrated operator in Michigan Southern California Portfolio with operator licensed for cannabis Confidential $27.1 m
Slide 8: Financial Statistics
Financial Statistics Innovative Industrial Properties Financial Statistics Annualized base rent, including property management fees as of 6/21/19(1) $42.0 million Capital raised (net proceeds), including equity and exchangeable notes $407.0 million Capital committed/invested(2) $286.8 million Curren
Slide 9: Medical Cannabis Industry
Medical Cannabis Industry RAPIDLY GROWING INDUSTRY • U.S. regulated cannabis sales grew to $8.6 billion in 2017, including $5.9 billion of medical -use cannabis sales, and are expect ed to reach $22.2 billion by 2022 (1) LARGE MARKET & SUPPORT • 33 U.S. states, where over 200 million Americans live,
Slide 10: Highlights
FOCUSED STRATEGY EXPERIENCED MANAGEMENT HIGHLIGHTS TEAM CONSERVATIVELY LEVERAGED BALANCE SHEET STRONG & GROWING INDUSTRY 10
Slide 11: Slide 11
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