Foley Represents Innovative Industrial Properties in $258.7 Million Common Stock Offering

Foley & Lardner advised Innovative Industrial Properties, Inc., a pioneering real estate investment trust focused on the regulated medical-use cannabis industry, in a public offering of its common stock raising gross offering proceeds of approximately $258.7 million.  The offering closed on July 2, 2020.

The Foley team representing Innovative Industrial Properties included partners Carolyn Long (Corporate) and Robert Bernstein (Taxation) and associate Neda Sharifi (Corporate).