Continue to Site »
Site will load in 15 seconds

Marijuana Investor Secures $13M Real Estate Deal in Michigan

Innovative Industrial Properties has committed to deal with Green Peak Innovations at Harvest Park.

Michflag

WINDSOR TOWNSHIP -- A California real estate company traded on the New York Stock Exchange wants a piece of the township's commercial medical marijuana growing and processing action. 

Innovative Industrial Properties has committed to a $13 million deal with Green Peak Innovations at Harvest Park, billed as the largest marijuana business park of its kind east of the Mississippi. 

Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies 2026 ROS Parallax Reveal » bcc-ads-730x570
Advertisment: Cannabis Business Times » Cannabis Business Times Best Cannabis Companies to Work For » CBT Best Companies 2026 ROS Parallax Reveal » bcc-ads-730x570

RELATED: Michigan Approves Medical Marijuana Testing Labs

Green Peak, a company with Lansing area investors, has agreed to sell a 56,000-square-foot-facility it constructed and 25 acres of land it purchased at Harvest Park to IIP for $13 million.

Advertisment: Hanwha Vision » Hanwha Vision Order 78 » CBT ROS 300x250 Medium Rectangle June 2025 » Hanwha January Ad

Green Peak will lease the land from IIP so it can move forward with its marijuana growing and processing plans, said Jeff Radway, Green Peak's CEO. 

Read more

Advertisment: Hanwha Vision » Hanwha Vision Order 78 » CBT ROS 300x250 Medium Rectangle June 2025 » Hanwha January Ad
Advertisment: Hydrofarm » Hydrofarm Order 113 » CBT ROS 300x250 Medium Rectangle » PhotoBio MX2 Med Rectangle Ad
Page 1 of 42
Next Page
Advertisment: Greentank » Greentank Order 92 » CBT ROS Mobile Adhesion 360x120 June 2025 » cbt-mobile-gt-shop