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  "docSlug": "6acbd8e96867",
  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
  "authorId": "62_Grizzly_Research",
  "authorName": "Grizzly Reports",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-09 00:00:00",
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  "notes": "This is a short-seller research report page focusing on asset valuation and due diligence.",
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      "kind": "callout",
      "text": "We do not see any signs of production activity going on and suspect it is an empty warehouse.",
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      "text": "Four photos of the industrial property in Lansing, MI.",
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      "text": "On 07/09/2019, IIPR closed the acquisition of a property in Lansing, MI, which comprises approximately 145,000 sq. ft. of industrial space. The initial purchase price was approximately $4.8M, with additional reimbursement for improvements of up to $15M.",
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      "text": "3.1 Lansing MI Ascend Wellness",
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      "matchId": "a2b3a709-bf18-4695-8f66-36016f55a445",
      "evidence": "The report suggests that IIPR's overpaid property values are a sign of a larger issue.",
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