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Innovative Industrial Properties(IIPR) - 2025 Q3 - Quarterly Results

Exhibit 99.1 Innovative Industrial Properties Reports Third Quarter 2025 Results Announced 270MillionCommitmentIntoIQHQ,APremierLifeScienceRealEstatePlatformDefinitionsoftheabovementionednonGAAPfinancialmeasures,togetherwithreconciliationstonetincomeinaccordancewithGAAPandotherdefinitionsofcapitalizedtermsusedherein,appearattheendofthisrelease.IQHQInvestment1Totalrevenuesof270 Million Commitment Into IQHQ, A Premier Life Science Real Estate Platform Definitions of the above-mentioned non-GAAP financial measures, together with reconciliations to net income in accordance with GAAP and other definitions of capitalized terms used herein, appear at the end of this release. IQHQ Investment 1 • Total revenues of 64.7 million and net income attributable to common stockholders of $28.3 million ...