NYSE:IIPRIndustrial REITs
How Investors Are Reacting To Innovative Industrial Properties (IIPR) Tenant Lease Defaults and Governance Scrutiny
Earlier in 2025, Innovative Industrial Properties disclosed that its largest tenant, PharmaCann, had defaulted on six leases, putting eleven leases at risk under cross-default provisions and drawing increased legal and regulatory scrutiny.
This event raised new concerns around short-term lease stability, corporate governance, and the adequacy of the company’s business disclosures to its shareholders.
We’ll now examine how the heightened risk to lease stability and governance could influence...