Innovative Industrial Properties, Inc. Appoints Catherine Hastings as Chief Accounting Officer and Treasurer, Effective January 3, 2017
January 03, 2017 at 07:30 am EST
Share
Innovative Industrial Properties, Inc. announced that on January 3, 2017 Catherine Hastings joined as chief accounting officer and treasurer. In addition, Ms. Hastings was appointed to serve as the company's principal accounting officer. Also effective January 3, 2017. Ms. Hastings, served as vice president, internal audit until December 2016 of BioMed Realty Trust, Inc. Prior to BioMed Realty, Ms. Hastings was director of financial accounting and audit for The Corky McMillin Companies. She served as senior manager with KPMG LLP, where she audited the financial statements for public and private companies in a broad range of industries, with a focus on real estate.
Innovative Industrial Properties, Inc. is an internally managed real estate investment trust (REIT). The Company is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated cannabis facilities. The Company is engaged in the business of providing real estate for the regulated cannabis industry. It acquires its properties through sale-leaseback transactions and third-party purchases. The Company owns approximately d 108 properties comprising an aggregate of approximately 8.9 million rentable square feet (including approximately 1.4 million rentable square feet under development/redevelopment) in Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Texas, Virginia, and Washington. Its subsidiaries include IIP-AZ 1 LLC, IIP-AZ 2 LLC, IIP-AZ 3 LLC, IIP-CA 2 LP, and IIP-CA 1 LP.