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Marijuana REIT buys Arizona property for $15 million, strikes lease deal

by / No Comments / 0 View / November 29, 2017

By Kevin Huhn

Innovative Industrial Properties – a San Diego-based real estate investment trust (REIT) which leases real estate to medical marijuana businesses – has agreed to buy an Arizona property for $15 million. The property comprises over 350,000 square feet of greenhouse and industrial space. The deal involves a sale-leaseback transaction with a subsidiary of The Pharm, […]

Marijuana REIT buys Arizona property for $15 million, strikes lease deal is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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