Innovative Industrial Properties Announces Promotions of Andy Bui to Vice President, Chief Accounting Officer & Kelly Spicher...
January 06 2021 - 3:30PM
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 promotions of Andy Bui to Vice President, Chief Accounting
Officer and Kelly Spicher to Vice President, Real Estate
Counsel.
Mr. Bui joined IIP in May 2017 as Controller, having previously
served in senior financial reporting roles at BioMed Realty Trust,
Inc. (formerly NYSE: BMR) and Leap Wireless International, Inc.
(formerly NASDAQ: LEAP), and as a manager for
PricewaterhouseCoopers LLP.
“Andy has been an invaluable member of our management team and
leader of our accounting function over the past three and a half
years, during a period of tremendous growth and transformation for
our company,” said Catherine Hastings, Chief Financial Officer of
IIP. “As we look forward toward continued execution of our business
strategy in an ever-changing environment, we are so grateful to
have such a talented accounting team, led by Andy.”
Ms. Spicher joined IIP in August 2019 as Senior Real Estate
Counsel, 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 an absolutely irreplaceable member of our team,
first as our go-to outside real estate counsel for several years,
and then as the leader of our real estate legal function over the
past year plus,” said Brian Wolfe, General Counsel of IIP. “She has
advised IIP on nearly every real estate transaction throughout this
time, representing well over $1 billion of commitments, and
continues to differentiate herself through her integrity, quality
of work and special ability to forge win-win solutions. We are so
pleased to announce this promotion, and to have Kelly leading the
charge for all of IIP’s 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/20210106005270/en/
Catherine Hastings Chief Financial Officer Innovative Industrial
Properties, Inc. (858) 997-3332
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