REIT inks $42 million deal with LivWell for Michigan marijuana warehouse

On: October 10, 2019

Innovative Industrial Properties, a real estate investment trust (REIT) focused on the cannabis industry, bought a warehouse in Michigan from LivWell Holdings in a $42 million sales-leaseback deal. San Diego-based Innovative Industrial paid $19 million to LivWell Michigan for the 156,000-square-foot warehouse in Warren, Michigan. LivWell Michigan, whose parent is Denver-based LivWell Holdings, will pay […]

REIT inks $42 million deal with LivWell for Michigan marijuana warehouse is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Previous Post: Find your new favorite strain based on your favorite drink

Next Post: Hexo, Green Organic Dutchman’s woes may be a harbinger for Canadian cannabis businesses, analysts say

Comments are closed, but trackbacks and pingbacks are open.