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Innovative Industrial Properties Secures $100 Million Revolving Credit Facility
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Innovative Industrial Properties Secures $100 Million Revolving Credit Facility
Oct 6, 2025 7:12 AM

09:41 AM EDT, 10/06/2025 (MT Newswires) -- Innovative Industrial Properties ( IIPR ) said Monday it has completed a $100 million revolving credit facility with an unspecified commercial bank.

The credit facility has a preliminary three-year term and includes a $35 million accordion feature that allows the company to increase the borrowing capacity to $135 million, subject to the addition of more lenders, Industrial Properties said.

Price: 56.46, Change: -0.18, Percent Change: -0.32

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