Innovative Industrial Properties(IIPR) - 2025 Q4 - Annual Results

Exhibit 99.1 Innovative Industrial Properties Reports Fourth Quarter and Full Year 2025 Results Raised $146 Million of Attractively Priced Debt and Preferred Equity Since October 2025 Executed leases for 337,000 square feet in Q4'25 and Q1'26 To Date SAN DIEGO, CA – February 23, 2026 – Innovative Industrial Properties, Inc. (NYSE: IIPR) ("IIP" or the "Company") announced today results for the fourth quarter and full year ended December 31, 2025. Executive Chairman Remarks "During 2025, we made significant p ...