Our vision and proven expertise has enabled our team to successfully drive our business. Our team has expertise in all aspects of real estate, including acquisitions, management, development and capital raising. Alan D. Gold has served as executive chairman of our board of directors since our formation.
Mr. Gold also serves as executive chairman of IQHQ, Inc., a privately-held life science real estate company. Mr. Gold served as managing partner of GoldStone Real Estate Finance and Investments, a partnership engaged in the real estate and mortgage business, from 1989 to 1994.
Mr. Gold also serves as executive chairman of IQHQ, Inc., a privately-held life science real estate company. Mr. Gold served as managing partner of GoldStone Real Estate Finance and Investments, a partnership engaged in the real estate and mortgage business, from 1989 to 1994.
Services
Innovative Industrial Properties, Inc. is the pioneering real estate investment trust for the medical-use cannabis industry. A real estate investment trust (REIT) is a corporation that combines the capital of many investors to acquire income producing real estate. As a public company traded on the NYSE, we are uniquely positioned in the industry to access public capital markets.
Innovative Industrial Properties acquires freestanding industrial and retail properties from state-licensed medical-use cannabis operators. The properties are then leased back under long-term, absolute net lease agreements. We focus on well-capitalized companies that have successfully gone through the rigorous state licensing process and have been granted a license in the state where the property is located.
Our company, working closely with our long-term tenant partners, continues to drive substantial and lasting positive changes in the communities where we operate, by repositioning and renovating industrial buildings, bringing good long-term jobs to historically economically disadvantaged communities, and developing businesses that generate substantial tax revenues to support local services, schools and healthcare.
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