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Cannabis REIT Buys Three Properties to Expand Into Southern New Jersey

Innovative Industrial Properties Executes Sale-Leaseback Agreements With Columbia Care and Curaleaf
Innovative Industrial Properties purchased three properties in two separate transactions to expand into New Jersey, including Columbia Care's cultivation and manufacturing facilities in Vineland, New Jersey. (CoStar)
Innovative Industrial Properties purchased three properties in two separate transactions to expand into New Jersey, including Columbia Care's cultivation and manufacturing facilities in Vineland, New Jersey. (CoStar)
By Madison Cromwell
CoStar Research
July 22, 2020 | 6:02 P.M.

Innovative Industrial Properties, a publicly traded real estate investment trust focused on the regulated U.S. cannabis industry, acquired three properties in two separate transactions to expand into New Jersey.

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