Innovative Industrial Properties, Inc. (NYSE:IIPR) Files An 8-K Submission of Matters to a Vote of Security Holders


Innovative Industrial Properties, Inc. (NYSE:IIPR) Files An 8-K Submission of Matters to a Vote of Security Holders

Item5.07 Submission of Matters to a Vote of Security

On May 24, 2017, Innovative Industrial Properties, Inc. (the
Company) held its Annual Meeting of Stockholders, at which the
stockholders voted on proposals as follows:

Proposal 1: Election of five directors, each to serve until the
2018 annual meeting of stockholders and until his successor is
duly elected and qualified.

Votes For Votes Withheld Broker Non-Votes
Alan Gold 1,716,802 8,634 1,282,721
Gary Kreitzer 1,649,786 75,650 1,282,721
Scott Shoemaker 1,649,772 75,664 1,282,721
Paul Smithers 1,716,805 8,631 1,282,721
David Stecher 1,649,916 75,520 1,282,721

Proposal 2: Ratification of the appointment of BDO USA, LLP as
the Company’s independent registered public accounting firm for
the year ending December 31, 2017.

Votes For Votes Against Abstentions
2,974,200 25,419 8,538

About Innovative Industrial Properties, Inc. (NYSE:IIPR)

Innovative Industrial Properties, Inc. is focused on the acquisition, ownership and management of specialized industrial properties leased to state-licensed operators for their regulated medical-use cannabis facilities. The Company intends to acquire its properties through sale-leaseback transactions and third-party purchases. It is focused on leasing its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including maintenance, taxes and insurance. The Company intends to conduct business in an umbrella partnership real estate investment trust (UPREIT), structure through its operating partnership. The Company’s real estate investments will consist of primarily properties suitable for cultivation and production of medical-use cannabis.

Innovative Industrial Properties, Inc. (NYSE:IIPR) Recent Trading Information

Innovative Industrial Properties, Inc. (NYSE:IIPR) closed its last trading session up +0.33 at 17.68 with 15,686 shares trading hands.