Innovative Industrial Properties, Inc. Reports Third Quarter 2026 Financial Results

Innovative Industrial Properties reported third-quarter 2026 revenue of $64.9 million, above the FactSet consensus estimate of $61.0 million. AFFO per share rose 7% from the second quarter, and the company cited ongoing leasing momentum and efforts to re-lease properties in its regulated cannabis-focused industrial portfolio. The report did not state a stock-price reaction.