{"id":44364,"date":"2020-09-02T07:57:15","date_gmt":"2020-09-02T15:57:15","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2020\/09\/02\/reit-inks-25-million-deal-to-acquire-michigan-marijuana-property\/"},"modified":"2020-09-02T14:45:51","modified_gmt":"2020-09-02T22:45:51","slug":"reit-inks-25-million-deal-to-acquire-michigan-marijuana-property","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2020\/09\/02\/reit-inks-25-million-deal-to-acquire-michigan-marijuana-property\/","title":{"rendered":"REIT inks $25 million deal to acquire Michigan marijuana property"},"content":{"rendered":"<\/p>\n<p>Innovative Industrial Properties continues to gobble up cannabis properties, with the San Diego-based real estate investment trust (REIT) closing a potentially $25 million deal to acquire and lease back a marijuana facility in Michigan. The acquisition of the 63,000-square-foot building in the Detroit suburb of Madison Heights from Holistic Industries includes: A $6.2 million purchase [\u2026]<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/mjbizdaily.com\/innovative-industrial-properties-acquires-holistic-industries-in-25-million-deal\/\">REIT inks $25 million deal to acquire Michigan marijuana property<\/a> is a post from: <a href=\"https:\/\/mjbizdaily.com\">Marijuana Business Daily: Financial, Legal &amp; Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/mjbizdaily.com\/innovative-industrial-properties-acquires-holistic-industries-in-25-million-deal\/\" target=\"_blank\" rel=\"noopener noreferrer\">REIT inks  million deal to acquire Michigan marijuana property<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Innovative Industrial Properties continues to gobble up cannabis properties, with the San Diego-based real estate investment trust (REIT) closing a potentially $25 million deal to acquire and lease back a marijuana facility in Michigan. The acquisition of the 63,000-square-foot building in the Detroit suburb of Madison Heights from Holistic Industries<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2020\/09\/02\/reit-inks-25-million-deal-to-acquire-michigan-marijuana-property\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":196,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9662,14302,14303,2535,14070,8968,9663],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/44364"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/196"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=44364"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/44364\/revisions"}],"predecessor-version":[{"id":44365,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/44364\/revisions\/44365"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=44364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=44364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=44364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}