Sectors & IndustriesReal EstateREIT - Industrial

Best Industrial REIT Stocks to Buy Now (2026)

Top industrial reit stocks in 2026 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.

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:

Terreno Realty (NYSE:TRNO) is the #1 top industrial reit stock out of 17 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 Terreno Realty (NYSE:TRNO) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.

Terreno Realty (NYSE:TRNO) has a Due Diligence Score of 49, which is 21 points higher than the industrial reit industry average of 28.

TRNO passed 18 out of 38 due diligence checks and has strong fundamentals. Terreno Realty has seen its stock lose -2.98% over the past year, overperforming other industrial reit stocks by 1 percentage points.

Terreno Realty has an average 1 year price target of $67.83, an upside of 5.17% from Terreno Realty's current stock price of $64.50.

Terreno Realty stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Terreno Realty, 41.67% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 8.33% have issued a Sell rating, and 0% have issued a Strong Sell.

Industrial Logistics Properties Trust (NASDAQ:ILPT) is the #2 top industrial reit stock out of 17 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 Industrial Logistics Properties Trust (NASDAQ:ILPT) is: Value: D, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a Due Diligence Score of 13, which is -15 points lower than the industrial reit industry average of 28.

ILPT passed 4 out of 38 due diligence checks and has weak fundamentals. Industrial Logistics Properties Trust has seen its stock return 35.43% over the past year, overperforming other industrial reit stocks by 39 percentage points.

Stag Industrial (NYSE:STAG) is the #3 top industrial reit stock out of 17 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 Stag Industrial (NYSE:STAG) is: Value: C, Growth: D, Momentum: C, Sentiment: A, Safety: B, Financials: C, and AI: C.

Stag Industrial (NYSE:STAG) has a Due Diligence Score of 34, which is 6 points higher than the industrial reit industry average of 28.

STAG passed 12 out of 38 due diligence checks and has average fundamentals. Stag Industrial has seen its stock return 6.39% over the past year, overperforming other industrial reit stocks by 10 percentage points.

Stag Industrial has an average 1 year price target of $39.57, an upside of 6.15% from Stag Industrial's current stock price of $37.28.

Stag Industrial stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering Stag Industrial, 0% have issued a Strong Buy rating, 14.29% have issued a Buy, 71.43% have issued a hold, while 0% have issued a Sell rating, and 14.29% have issued a Strong Sell.

Out of 16 industrial reit stocks that have issued dividends in the past year, the 3 industrial reit stocks with the highest dividend yields are:

Innovative Industrial Properties (NYSE:IIPR) has an annual dividend yield of 16.7%, which is 12 percentage points higher than the industrial reit industry average of 5.18%. 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 177.6% indicates that its high dividend yield might not be sustainable for the long-term.

Americold Realty Trust (NYSE:COLD) has an annual dividend yield of 7.46%, which is 2 percentage points higher than the industrial reit industry average of 5.18%. Americold Realty Trust's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Americold Realty Trust's dividend has shown consistent growth over the last 10 years.

Americold Realty Trust's dividend payout ratio of -413.6% indicates that its high dividend yield might not be sustainable for the long-term.

National Storage Affiliates Trust (NYSE:NSA) has an annual dividend yield of 6.9%, which is 2 percentage points higher than the industrial reit industry average of 5.18%. 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 373.8% indicates that its high dividend yield might not be sustainable for the long-term.

Industrial reit stocks were down -1.42% in the last day, and up 0.42% over the last week. Lxp Industrial Trust was the among the top losers in the reit - industrial industry, dropping -6.42% yesterday.

Shares of real estate-related stocks are trading lower amid concerns that AI applications and tools may disrupt the industry. Elon Musk's recent comments that space will be "the cheapest place to put AI" are also weighing down the industry.

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:

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 43, which is 18 points higher than the industrial reit industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Innovative Industrial Properties's stock has dropped -38.38% in the past year. It has underperformed other stocks in the industrial reit industry by -34 percentage points.

Terreno Realty (NYSE:TRNO) 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.

Terreno Realty has a valuation score of 43, which is 18 points higher than the industrial reit industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Terreno Realty's stock has dropped -2.98% in the past year. It has overperformed other stocks in the industrial reit industry by 1 percentage points.

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 -8.21% in the past year. It has underperformed other stocks in the industrial reit industry by -4 percentage points.

53.33% of industrial reit stocks rated by analysts are a buy right now. On average, analysts expect industrial reit stocks to rise by 4.56% 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), 50% are rated C (Hold), 50% are rated D (Sell), and 0% are rated F (Strong Sell).