Innovative Industrial Properties (IIPR) Buildings (2016 - 2026)
Innovative Industrial Properties (IIPR) reported Buildings of $2.19 billion for Q2 2026, down 2.6% from $2.25 billion a year earlier and down 3.5% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Buildings (2016 - 2026) Analysis & Trends
At the end of FY2025, Innovative Industrial Properties posted Buildings of $2.27 billion, up 1.7% from FY2024.
- Buildings has increased for nine consecutive years, with a five-year compound annual growth rate of 28.6% (FY2020 to FY2025).
- By year, Buildings came in at $2.23 billion in FY2024 (+5.8%), $2.11 billion in FY2023 (+4.9%), $2.01 billion in FY2022 (+105.3%) and $979.42 million in FY2021 (+51.9%).
- The Q2 2026 figure ranks as the lowest quarterly Buildings since Q2 2024.
- Year over year, Buildings gained in seven of the last eight quarters, with growth averaging 2.9%.
- The high point for year-over-year Buildings in five years was Q4 2022 (growth of 105.3%); the low point was Q2 2026 (a decline of 2.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.27 billion (Q1 2026), $2.27 billion (Q4 2025) and $2.25 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.19 Bn |
| Mar 31, 2026 | 2.27 Bn |
| Dec 31, 2025 | 2.27 Bn |
| Sep 30, 2025 | 2.25 Bn |
| Jun 30, 2025 | 2.25 Bn |
| Mar 31, 2025 | 2.24 Bn |
| Dec 31, 2024 | 2.23 Bn |
| Sep 30, 2024 | 2.21 Bn |
| Jun 30, 2024 | 2.16 Bn |
| Mar 31, 2024 | 2.12 Bn |
| Dec 31, 2023 | 2.11 Bn |
| Sep 30, 2023 | 2.10 Bn |
| Jun 30, 2023 | 2.08 Bn |
| Mar 31, 2023 | 2.05 Bn |
| Dec 31, 2022 | 2.01 Bn |
| Sep 30, 2022 | 1.26 Bn |
| Jun 30, 2022 | 1.22 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 979.42 Mn |
| Sep 30, 2021 | 816.10 Mn |
API Access
Innovative Industrial Properties Buildings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=buildings&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "buildings", "ticker": "IIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=buildings&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();