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.

Industry: REIT - Industrial
F
REIT - Industrial is Zen Rated F and is the 138th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Financials
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
ILPT
INDUSTRIAL LOGISTICS PROPERTIES TRUST
$543.32M-10.90%-1.00%N/A2.20%8.93N/A77.80%-11.90%44.68%
FR
FIRST INDUSTRIAL REALTY TRUST INC
$8.32B12.80%6.10%N/A5.50%1.06N/A73.60%46.00%59.75%
EGP
EASTGROUP PROPERTIES INC
$11.04B8.40%5.50%N/A4.70%0.54N/A73.40%39.70%44.19%
SMA
SMARTSTOP SELF STORAGE REIT INC
$1.80B0.80%0.40%N/A2.00%0.99N/A59.70%3.10%22.32%
STAG
STAG INDUSTRIAL INC
$7.45B6.90%3.50%N/A3.70%0.98N/A79.70%28.20%43.95%
PSA
PUBLIC STORAGE
$54.60B18.30%8.40%N/A7.40%1.14N/A72.90%35.10%45.29%
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
$1.65B6.10%4.90%N/A5.40%0.26N/A88.50%43.40%53.99%
CUBE
CUBESMART
$9.16B11.90%4.90%N/A4.40%1.47N/A68.30%28.90%39.34%
TRNO
TERRENO REALTY CORP
$7.04B10.30%8.00%N/A7.40%0.29N/A75.90%86.10%93.44%
PLD
PROLOGIS INC
$134.34B7.00%3.80%N/A3.70%0.75N/A74.40%41.50%55.33%
COLD
AMERICOLD REALTY TRUST
$4.23B-3.80%-1.40%N/A0.10%1.85N/A31.90%-4.30%0.46%
REXR
REXFORD INDUSTRIAL REALTY INC
$8.19B2.60%1.70%N/A2.20%0.46N/A77.00%22.10%33.76%
LXP
LXP INDUSTRIAL TRUST
$3.09B4.30%2.40%N/A3.20%0.74N/A26.00%25.10%44.46%
EXR
EXTRA SPACE STORAGE INC
$30.27B7.00%3.20%N/A3.70%1.12N/A70.60%27.70%46.28%
LINE
LINEAGE INC
$9.10B-1.80%-0.80%0.80%0.70%1.240.8532.10%-2.70%2.61%
SELF
GLOBAL SELF STORAGE INC
$60.42M4.20%3.00%N/A3.90%0.38N/A60.90%15.40%21.91%
NSA
NATIONAL STORAGE AFFILIATES TRUST
$3.37B6.10%1.10%N/A2.80%3.90N/A71.40%7.70%32.30%

Industrial REIT Stocks FAQ

What are the best industrial reit stocks to buy right now in May 2026?

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. Industrial Logistics Properties Trust (NASDAQ:ILPT)


Industrial Logistics Properties Trust (NASDAQ:ILPT) 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 Industrial Logistics Properties Trust (NASDAQ:ILPT) is: Value: D, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a Due Diligence Score of 12, which is -15 points lower than the industrial reit industry average of 27.

ILPT passed 4 out of 38 due diligence checks and has weak fundamentals. Industrial Logistics Properties Trust has seen its stock return 163.75% over the past year, overperforming other industrial reit stocks by 153 percentage points.

Industrial Logistics Properties Trust has an average 1 year price target of $7.40, a downside of -9.2% from Industrial Logistics Properties Trust's current stock price of $8.15.

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

2. First Industrial Realty Trust (NYSE:FR)


First Industrial Realty Trust (NYSE:FR) 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 First Industrial Realty Trust (NYSE:FR) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: B, Financials: C, and AI: C.

First Industrial Realty Trust (NYSE:FR) has a Due Diligence Score of 34, which is 7 points higher than the industrial reit industry average of 27.

FR passed 12 out of 38 due diligence checks and has average fundamentals. First Industrial Realty Trust has seen its stock return 27% over the past year, overperforming other industrial reit stocks by 16 percentage points.

First Industrial Realty Trust has an average 1 year price target of $64.63, an upside of 2.99% from First Industrial Realty Trust's current stock price of $62.75.

First Industrial Realty Trust stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering First Industrial Realty Trust, 25% have issued a Strong Buy rating, 37.5% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Eastgroup Properties (NYSE:EGP)


Eastgroup Properties (NYSE:EGP) 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 Eastgroup Properties (NYSE:EGP) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.

Eastgroup Properties (NYSE:EGP) has a Due Diligence Score of 34, which is 7 points higher than the industrial reit industry average of 27.

EGP passed 13 out of 38 due diligence checks and has average fundamentals. Eastgroup Properties has seen its stock return 22.94% over the past year, overperforming other industrial reit stocks by 12 percentage points.

Eastgroup Properties has an average 1 year price target of $208.08, an upside of 1.34% from Eastgroup Properties's current stock price of $205.32.

Eastgroup Properties stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Eastgroup Properties, 61.54% have issued a Strong Buy rating, 7.69% have issued a Buy, 30.77% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the industrial reit stocks with highest dividends?

Out of 17 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 13.27%, which is 9 percentage points higher than the industrial reit industry average of 4.45%. 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 191.4% indicates that its high dividend yield might not be sustainable for the long-term.

2. Americold Realty Trust (NYSE:COLD)


Americold Realty Trust (NYSE:COLD) has an annual dividend yield of 6.2%, which is 2 percentage points higher than the industrial reit industry average of 4.45%. 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 -235.9% 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 5.48%, which is 1 percentage points higher than the industrial reit industry average of 4.45%. 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 170.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are industrial reit stocks up?

Industrial reit stocks were up 0.49% in the last day, and up 2.6% over the last week.

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

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 B. 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 28 points higher than the industrial reit industry average of 15. It passed 3 out of 7 valuation due diligence checks.

Innovative Industrial Properties's stock has gained 2.93% in the past year. It has underperformed other stocks in the industrial reit industry by -8 percentage points.

2. Cubesmart (NYSE:CUBE)


Cubesmart (NYSE:CUBE) 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.

Cubesmart has a valuation score of 14, which is -1 points higher than the industrial reit industry average of 15. It passed 1 out of 7 valuation due diligence checks.

Cubesmart's stock has dropped -4.71% in the past year. It has underperformed other stocks in the industrial reit industry by -16 percentage points.

3. Stag Industrial (NYSE:STAG)


Stag Industrial (NYSE:STAG) 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.

Stag Industrial has a valuation score of 29, which is 14 points higher than the industrial reit industry average of 15. It passed 2 out of 7 valuation due diligence checks.

Stag Industrial's stock has gained 15.03% in the past year. It has overperformed other stocks in the industrial reit industry by 4 percentage points.

Are industrial reit stocks a good buy now?

50% of industrial reit stocks rated by analysts are a buy right now. On average, analysts expect industrial reit stocks to fall by -0.23% 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), 66.67% are rated C (Hold), 26.67% are rated D (Sell), and 6.67% 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 30.67x.
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