SEC Company Response from INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR, IIPR-PA) (CIK 0001677576) (IIPR) — Nov 30, 2016

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR, IIPR-PA) (CIK 0001677576)
Date: Nov. 30, 2016 · CIK: 0001677576 · Accession: 0001144204-16-137157

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AI Filing Summary & Sentiment

File numbers found in text: 333-214148

Date

November 30, 2016

Author

Not clearly detected

Form

CORRESP

Company

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR, IIPR-PA) (CIK 0001677576)

Letter

VIA EDGAR United States Securities and Exchange Commission Division of Corporation Finance 100 F Street, NE Washington, D.C. 20549 Re: Innovative Industrial Properties, Inc. Registration Statement on Form S-11 (Registration No. 333-214148)

Dear Ms. Ayoola:

Pursuant to Rule 461 under the Securities Act of 1933, as amended, the undersigned registrant, Innovative Industrial Properties, Inc. (the “Registrant”), hereby requests acceleration of effectiveness of its above-referenced Registration Statement to 4:30 p.m., eastern time, on November 30, 2016, or as soon as practicable thereafter. By separate letter, the underwriters of the issuance of the securities being registered have joined in this request for acceleration. The Registrant respectfully requests that you notify Carolyn Long of Foley & Lardner LLP of such effectiveness by a telephone call to (858)-847-6833.

Very truly yours,
Innovative Industrial Properties, Inc.

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CORRESP
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INNOVATIVE INDUSTRIAL PROPERTIES, INC.

17190 Bernardo Center Drive

San Diego, California 92128

November 30, 2016

VIA EDGAR

Ms. Folake Ayoola

United States Securities and Exchange Commission

Division of Corporation Finance

100 F Street, NE

Washington, D.C. 20549

    Re:
    Innovative Industrial Properties, Inc.

    Registration Statement on Form S-11 (Registration No. 333-214148)

Dear Ms. Ayoola:

Pursuant to Rule 461
under the Securities Act of 1933, as amended, the undersigned registrant, Innovative Industrial Properties, Inc. (the “Registrant”),
hereby requests acceleration of effectiveness of its above-referenced Registration Statement to 4:30 p.m., eastern time, on November
30, 2016, or as soon as practicable thereafter. By separate letter, the underwriters of the issuance of the securities being registered
have joined in this request for acceleration. The Registrant respectfully requests that you notify Carolyn Long of Foley &
Lardner LLP of such effectiveness by a telephone call to (858)-847-6833.

    Very truly yours,

    Innovative Industrial Properties, Inc.

    By:
    /s/ Brian Wolfe

    Brian Wolfe

    Vice President, General Counsel and Secretary

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