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 140th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ILPT
INDUSTRIAL LOGISTICS PROPERTIES TRUST
$399.25M$5.99$7.4023.54%Strong Buy15.04%N/A-9.16%-0.86%
TRNO
TERRENO REALTY CORP
$6.85B$65.74$68.824.68%Buy118.18%-26.52%N/AN/A
STAG
STAG INDUSTRIAL INC
$7.35B$38.45$40.174.47%Hold610.25%-0.28%N/AN/A
FR
FIRST INDUSTRIAL REALTY TRUST INC
$8.13B$61.33$62.602.07%Buy107.02%10.55%10.30%4.84%
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
$1.46B$51.90$45.00-13.29%Sell22.69%10.20%7.44%5.80%
LXP
LXP INDUSTRIAL TRUST
$2.93B$49.68$52.505.68%Hold33.98%-37.66%12.45%7.17%
EGP
EASTGROUP PROPERTIES INC
$10.42B$195.40$200.312.51%Strong Buy138.15%6.58%9.66%6.22%
EXR
EXTRA SPACE STORAGE INC
$29.78B$141.06$151.207.19%Buy100.64%4.83%8.93%4.10%
SMA
SMARTSTOP SELF STORAGE REIT INC
$1.76B$31.80$36.7215.48%Buy95.36%N/AN/AN/A
PLD
PROLOGIS INC
$129.92B$139.77$137.57-1.57%Buy146.55%1.57%6.96%3.75%
PSA
PUBLIC STORAGE
$52.62B$299.83$304.001.39%Buy105.46%8.29%24.23%11.09%
LINE
LINEAGE INC
$8.10B$35.68$40.7314.16%Hold15-1.82%N/A-0.48%-0.21%
CUBE
CUBESMART
$8.85B$38.95$42.258.47%Buy83.22%4.28%12.44%5.09%
COLD
AMERICOLD REALTY TRUST
$3.45B$12.11$13.7913.89%Hold122.89%N/A1.61%0.57%
REXR
REXFORD INDUSTRIAL REALTY INC
$8.27B$35.69$41.2515.58%Buy80.76%9.16%2.38%1.59%
SELF
GLOBAL SELF STORAGE INC
$60.79M$5.36N/AN/AN/AN/A2.88%25.96%N/AN/A
NSA
NATIONAL STORAGE AFFILIATES TRUST
$3.22B$41.90$34.00-18.85%Hold71.30%1.80%N/AN/A

Industrial REIT Stocks FAQ

What are the best industrial reit stocks to buy right now in Apr 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: C, Safety: B, Financials: C, and AI: C.

Industrial Logistics Properties Trust (NASDAQ:ILPT) has a Due Diligence Score of 12, which is -16 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 133.07% over the past year, overperforming other industrial reit stocks by 122 percentage points.

Industrial Logistics Properties Trust has an average 1 year price target of $7.40, an upside of 23.54% from Industrial Logistics Properties Trust's current stock price of $5.99.

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. Terreno Realty (NYSE:TRNO)


Terreno Realty (NYSE:TRNO) 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 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 47, which is 19 points higher than the industrial reit industry average of 28.

TRNO passed 17 out of 38 due diligence checks and has strong fundamentals. Terreno Realty has seen its stock return 17.75% over the past year, overperforming other industrial reit stocks by 7 percentage points.

Terreno Realty has an average 1 year price target of $68.82, an upside of 4.68% from Terreno Realty's current stock price of $65.74.

Terreno Realty stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Terreno Realty, 45.45% have issued a Strong Buy rating, 27.27% have issued a Buy, 18.18% have issued a hold, while 9.09% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Stag Industrial (NYSE:STAG)


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: B, Safety: B, Financials: C, and AI: C.

Stag Industrial (NYSE:STAG) has a Due Diligence Score of 28, which is equal to the industrial reit industry average of 28.

STAG passed 9 out of 38 due diligence checks and has average fundamentals. Stag Industrial has seen its stock return 18.78% over the past year, overperforming other industrial reit stocks by 8 percentage points.

Stag Industrial has an average 1 year price target of $40.17, an upside of 4.47% from Stag Industrial's current stock price of $38.45.

Stag Industrial stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Stag Industrial, 0% have issued a Strong Buy rating, 16.67% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 16.67% 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 14.64%, which is 10 percentage points higher than the industrial reit industry average of 4.73%. 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% 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 7.6%, which is 3 percentage points higher than the industrial reit industry average of 4.73%. 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 -230% indicates that its high dividend yield might not be sustainable for the long-term.

3. Lineage (NASDAQ:LINE)


Lineage (NASDAQ:LINE) has an annual dividend yield of 5.93%, which is 1 percentage points higher than the industrial reit industry average of 4.73%.

Lineage's dividend payout ratio of -490.7% 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 -0.31% in the last day, and up 2.41% 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 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 21 points higher than the industrial reit industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Innovative Industrial Properties's stock has gained 2.81% 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 29, which is 7 points higher than the industrial reit industry average of 22. It passed 2 out of 7 valuation due diligence checks.

Cubesmart's stock has gained 1.09% in the past year. It has underperformed other stocks in the industrial reit industry by -10 percentage points.

3. Extra Space Storage (NYSE:EXR)


Extra Space Storage (NYSE:EXR) 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.

Extra Space Storage has a valuation score of 29, which is 7 points higher than the industrial reit industry average of 22. It passed 2 out of 7 valuation due diligence checks.

Extra Space Storage's stock has gained 2.04% in the past year. It has underperformed other stocks in the industrial reit industry by -9 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 rise by 2.65% 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), 60% are rated C (Hold), 33.33% 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 30.12x.
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