Innovative Industrial Properties has acquired Holistic Industries’ 55,000-square-foot facility at 96 Palmer Rd. in Monson, MA, signing the organic medical cannabis company to a long-term extension in the process.

Innovative (NYSE: IIPR), a leading provider of creative real estate capital solutions to the medical-use cannabis industry, paid $12.75 million, or about $252 per square foot, for the facility. Holistic will continue to operate the site…

Article From: "Key Realty Commercial Real Estate News"   Read full article