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

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

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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