Sectors & IndustriesReal EstateREIT - Industrial
Best Industrial REIT Stocks to Buy Now (2025)
Top industrial reit stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best industrial reit stocks to buy now. Learn More.

Industry: REIT - Industrial
F
REIT - Industrial is Zen Rated F and is the ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Exchange
Industry
Zen Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
GRP.U
GRANITE REAL ESTATE INVESTMENT TRUST
NYSE
REIT - Industrial
$2.86B$45.56-4.37%$339.00MN/A0.68
Canada
PLD
PROLOGIS INC
NYSE
REIT - Industrial
$100.49B$108.42-3.26%$7.34B26.97x0.68
United States
LXP
LXP INDUSTRIAL TRUST
NYSE
REIT - Industrial
$2.58B$8.73-3.11%$311.68M67.15x0.82
United States
FR
FIRST INDUSTRIAL REALTY TRUST INC
NYSE
REIT - Industrial
$7.08B$53.51-2.66%$515.80M24.66x0.94
United States
PLYM
PLYMOUTH INDUSTRIAL REIT INC
NYSE
REIT - Industrial
$774.82M$17.01-1.90%$264.97M5.56x1.35
United States
ILPT
INDUSTRIAL LOGISTICS PROPERTIES TRUST
NASDAQ
REIT - Industrial
$227.54M$3.44-2.27%$364.29M-2.36x7.82
United States
PSA
PUBLIC STORAGE
NYSE
REIT - Industrial
$51.07B$291.14-1.80%$3.49B27.26x1.02
United States
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
NYSE
REIT - Industrial
$1.80B$63.610.36%$250.14M11.40x0.23
United States
COLD
AMERICOLD REALTY TRUST
NYSE
REIT - Industrial
$6.05B$21.29-2.65%$393.40M-64.52x1.35
United States
STAG
STAG INDUSTRIAL INC
NYSE
REIT - Industrial
$6.35B$34.02-3.19%$595.47M32.71x0.96
United States
TRNO
TERRENO REALTY CORP
NYSE
REIT - Industrial
$6.26B$62.69-3.88%$282.05M32.65x0.30
United States
CUBE
CUBESMART
NYSE
REIT - Industrial
$9.48B$41.61-1.09%$691.77M24.05x1.20
United States
EGP
EASTGROUP PROPERTIES INC
NYSE
REIT - Industrial
$9.01B$173.11-2.13%$456.12M37.07x0.54
United States
NSA
NATIONAL STORAGE AFFILIATES TRUST
NYSE
REIT - Industrial
$2.91B$38.15-0.63%$459.40M32.33x3.34
United States
LINE
LINEAGE INC
NASDAQ
REIT - Industrial
$13.33B$58.40-3.15%$553.00M-15.78x1.04
United States
EXR
EXTRA SPACE STORAGE INC
NYSE
REIT - Industrial
$30.49B$143.80-1.42%$2.22B35.68x1.00
United States
REXR
REXFORD INDUSTRIAL REALTY INC
NYSE
REIT - Industrial
$8.90B$39.04-3.27%$647.65M32.53x0.47
United States
SELF
GLOBAL SELF STORAGE INC
NASDAQ
REIT - Industrial
$56.32M$5.00-2.91%$5.67M18.52x0.38
United States

Industrial REIT Stocks FAQ

What are the best industrial reit stocks to buy right now in Mar 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best industrial reit stocks to buy right now are:

1. Granite Real Estate Investment Trust (NYSE:GRP.U)


Granite Real Estate Investment Trust (NYSE:GRP.U) is the #1 top industrial reit stock out of 18 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Granite Real Estate Investment Trust (NYSE:GRP.U) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: D, Financials: C, and AI: C.

Granite Real Estate Investment Trust (NYSE:GRP.U) has a Due Diligence Score of 14, which is -16 points lower than the industrial reit industry average of 30.

GRP.U passed 5 out of 38 due diligence checks and has weak fundamentals. Granite Real Estate Investment Trust has seen its stock lose -19.95% over the past year, underperforming other industrial reit stocks by -12 percentage points.

Granite Real Estate Investment Trust has an average 1 year price target of $86.00, an upside of 88.76% from Granite Real Estate Investment Trust's current stock price of $45.56.

Granite Real Estate Investment Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Granite Real Estate Investment Trust, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Prologis (NYSE:PLD)


Prologis (NYSE:PLD) is the #2 top industrial reit stock out of 18 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Prologis (NYSE:PLD) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: D, Financials: C, and AI: C.

Prologis (NYSE:PLD) has a Due Diligence Score of 31, which is 1 points higher than the industrial reit industry average of 30.

PLD passed 11 out of 38 due diligence checks and has average fundamentals. Prologis has seen its stock lose -16.53% over the past year, underperforming other industrial reit stocks by -9 percentage points.

Prologis has an average 1 year price target of $126.00, an upside of 16.21% from Prologis's current stock price of $108.42.

Prologis stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Prologis, 36.36% have issued a Strong Buy rating, 27.27% have issued a Buy, 27.27% have issued a hold, while 9.09% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Lxp Industrial Trust (NYSE:LXP)


Lxp Industrial Trust (NYSE:LXP) is the #3 top industrial reit stock out of 18 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year. Learn more.

The Component Grade breakdown for Lxp Industrial Trust (NYSE:LXP) is: Value: D, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: B.

Lxp Industrial Trust (NYSE:LXP) has a Due Diligence Score of 27, which is -3 points lower than the industrial reit industry average of 30.

LXP passed 11 out of 38 due diligence checks and has average fundamentals. Lxp Industrial Trust has seen its stock lose -4.49% over the past year, overperforming other industrial reit stocks by 3 percentage points.

What are the industrial reit stocks with highest dividends?

Out of 11 industrial reit stocks that have issued dividends in the past year, the 3 industrial reit stocks with the highest dividend yields are:

1. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) has an annual dividend yield of 11.82%, which is 8 percentage points higher than the industrial reit industry average of 3.79%. Innovative Industrial Properties's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Innovative Industrial Properties's dividend has shown consistent growth over the last 10 years.

Innovative Industrial Properties's dividend payout ratio of 134.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. National Storage Affiliates Trust (NYSE:NSA)


National Storage Affiliates Trust (NYSE:NSA) has an annual dividend yield of 5.92%, which is 2 percentage points higher than the industrial reit industry average of 3.79%. National Storage Affiliates Trust's dividend payout is stable, having never dropped by more than 10% in the last 10 years. National Storage Affiliates Trust's dividend has shown consistent growth over the last 10 years.

National Storage Affiliates Trust's dividend payout ratio of 190.7% indicates that its high dividend yield might not be sustainable for the long-term.

3. Global Self Storage (NASDAQ:SELF)


Global Self Storage (NASDAQ:SELF) has an annual dividend yield of 5.8%, which is 2 percentage points higher than the industrial reit industry average of 3.79%. Global Self Storage's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Global Self Storage's dividend has shown consistent growth over the last 10 years.

Global Self Storage's dividend payout ratio of 107.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are industrial reit stocks down?

Industrial reit stocks were down -2.19% in the last day, and down -2.66% over the last week.

We couldn't find a catalyst for why industrial reit stocks are down.

What are the most undervalued industrial reit stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued industrial reit stocks right now are:

1. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) is the most undervalued industrial reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Innovative Industrial Properties has a valuation score of 71, which is 46 points higher than the industrial reit industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Innovative Industrial Properties's stock has dropped -37.82% in the past year. It has underperformed other stocks in the industrial reit industry by -30 percentage points.

2. Granite Real Estate Investment Trust (NYSE:GRP.U)


Granite Real Estate Investment Trust (NYSE:GRP.U) is the second most undervalued industrial reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Granite Real Estate Investment Trust has a valuation score of 14, which is -11 points higher than the industrial reit industry average of 25. It passed 1 out of 7 valuation due diligence checks.

Granite Real Estate Investment Trust's stock has dropped -19.95% in the past year. It has underperformed other stocks in the industrial reit industry by -12 percentage points.

3. Cubesmart (NYSE:CUBE)


Cubesmart (NYSE:CUBE) is the third most undervalued industrial reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Cubesmart has a valuation score of 29, which is 4 points higher than the industrial reit industry average of 25. It passed 2 out of 7 valuation due diligence checks.

Cubesmart's stock has dropped -5.26% in the past year. It has overperformed other stocks in the industrial reit industry by 3 percentage points.

Are industrial reit stocks a good buy now?

60% of industrial reit stocks rated by analysts are a buy right now. On average, analysts expect industrial reit stocks to rise by 18.62% over the next year.

0% of industrial reit stocks have a Zen Rating of A (Strong Buy), 0% of industrial reit stocks are rated B (Buy), 70.59% are rated C (Hold), 29.41% are rated D (Sell), and 0% are rated F (Strong Sell).

What is the average p/e ratio of the reit - industrial industry?

The average P/E ratio of the reit - industrial industry is 24.33x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.