Innovative Industrial Properties Expands Team with New Vice President, Asset Management and Senior Real Estate Counsel
November 04 2019 - 6:23PM
Business Wire
Innovative Industrial Properties, Inc. (IIP), the first and only
real estate company on the New York Stock Exchange (NYSE: IIPR)
focused on the regulated U.S. cannabis industry, announced today
the hiring of Tracie Hager as Vice President, Asset Management and
Kelly Spicher as Senior Real Estate Counsel.
Ms. Hager joins IIP with nearly 30 years of experience in
institutional commercial property management, including senior
management positions at BioMed Realty Trust, Inc. (formerly NYSE:
BMR), the Irvine Company, and Equity Office Property Trust
(formerly NYSE: EOP).
“Over nearly three decades, Tracie has built an impressive
record for developing, executing and overseeing world-class
property management programs for some of the premier companies in
the real estate industry,” said Catherine Hastings, Chief Financial
Officer of IIP. “We couldn’t be more pleased about Tracie’s
appointment, and the value and perspective that she will bring to
our team and the execution of our strategy across the board.”
Ms. Spicher joins IIP after a career spanning over 16 years as a
commercial real estate transactional attorney with Foley &
Lardner LLP, representing institutional clients on complex real
estate transactions covering a variety of matters, including
acquisitions, leasing and development.
“Kelly has been our go-to outside real estate counsel for the
past three years, and we are thrilled for her to join us
full-time,” said Brian Wolfe, General Counsel of IIP. “Through her
time as our outside real estate counsel and now as leading our real
estate legal function internally, Kelly has been an invaluable
member of our team, and we look forward to continuing to grow our
company with Kelly as our key advisor on real estate legal
matters.”
About Innovative Industrial Properties
Innovative Industrial Properties, Inc. is a self-advised
Maryland corporation focused on the acquisition, ownership and
management of specialized industrial properties leased to
experienced, state-licensed operators for their regulated
medical-use cannabis facilities. Innovative Industrial Properties,
Inc. has elected to be taxed as a real estate investment trust,
commencing with the year ended December 31, 2017. Additional
information is available at
www.innovativeindustrialproperties.com.
Forward-Looking Statements
This press release contains statements that IIP believes to be
“forward-looking statements” within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than historical facts are forward-looking
statements. When used in this press release, words such as we
“expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe” or
“should” or the negative thereof or similar terminology are
generally intended to identify forward-looking statements. Such
forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially from those
expressed in, or implied by, such statements. Investors should not
place undue reliance upon forward-looking statements. IIP disclaims
any obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20191104006057/en/
IIP Contact: Catherine Hastings Chief Financial Officer, Chief
Accounting Officer and Treasurer Innovative Industrial Properties,
Inc. (858) 997-3332
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