Innovative Industrial Properties (IIPR-PA) Construction in Progress (2018 - 2026)

Innovative Industrial Properties has disclosed Construction in Progress across 8 years of filings, most recently posting $40.3 million for Q1 2026.

• Construction in Progress for Q1 2026 came in at $40.3 million, down 33.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $40.3 million (down 33.36% YoY), and the FY2025 annual result was $40.6 million, down 34.94% from the prior year.
• Construction in Progress came in at $40.3 million for Q1 2026 at Innovative Industrial Properties, down from $40.6 million in the prior quarter.
• In the past five years, Construction in Progress ranged from a high of $123.9 million in Q1 2024 to a low of $40.3 million in Q1 2026.
• The 5-year median for Construction in Progress is $61.5 million (2022), against an average of $77.2 million.
• Across the five-year window, Construction in Progress soared 1696.84% in 2022 and tumbled 51.18% in 2025, its largest moves.
• Innovative Industrial Properties' Construction in Progress stood at $54.1 million in 2022, then soared by 117.67% to $117.8 million in 2023, then sank by 47.02% to $62.4 million in 2024, then sank by 34.94% to $40.6 million in 2025, then dropped by 0.69% to $40.3 million in 2026.
• The last three Construction in Progress figures came in at $40.3 million (Q1 2026), $40.6 million (Q4 2025), and $57.7 million (Q3 2025), per Business Quant data.