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 142nd ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
DD Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
ILPT
INDUSTRIAL LOGISTICS PROPERTIES TRUST
10
14
14
0
0
20
TRNO
TERRENO REALTY CORP
47
43
43
11
60
80
STAG
STAG INDUSTRIAL INC
16
43
14
11
10
0
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
44
43
43
33
20
80
LXP
LXP INDUSTRIAL TRUST
29
43
29
22
10
40

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Industrial REIT Stocks FAQ

What are the best industrial reit stocks to buy right now in Mar 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 10, which is -17 points lower than the industrial reit industry average of 27.

ILPT passed 3 out of 38 due diligence checks and has weak fundamentals. Industrial Logistics Properties Trust has seen its stock return 71.87% over the past year, overperforming other industrial reit stocks by 75 percentage points.

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

Terreno Realty (NYSE:TRNO) has a Due Diligence Score of 47, which is 20 points higher than the industrial reit industry average of 27.

TRNO passed 17 out of 38 due diligence checks and has strong fundamentals. Terreno Realty has seen its stock lose -6.53% over the past year, underperforming other industrial reit stocks by -4 percentage points.

Terreno Realty has an average 1 year price target of $68.82, an upside of 9.27% from Terreno Realty's current stock price of $62.98.

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 16, which is -11 points lower than the industrial reit industry average of 27.

STAG passed 6 out of 38 due diligence checks and has weak fundamentals. Stag Industrial has seen its stock return 6.95% over the past year, overperforming other industrial reit stocks by 10 percentage points.

Stag Industrial has an average 1 year price target of $39.71, an upside of 3.69% from Stag Industrial's current stock price of $38.30.

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.

What are the industrial reit stocks with highest dividends?

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:

1. Innovative Industrial Properties (NYSE:IIPR)


Innovative Industrial Properties (NYSE:IIPR) has an annual dividend yield of 14.65%, which is 10 percentage points higher than the industrial reit industry average of 4.72%. 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 8.08%, which is 3 percentage points higher than the industrial reit industry average of 4.72%. 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. Global Self Storage (NASDAQ:SELF)


Global Self Storage (NASDAQ:SELF) has an annual dividend yield of 5.73%, which is 1 percentage points higher than the industrial reit industry average of 4.72%. 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 181.2% 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 0.74% in the last day, and down -1.94% over the last week. National Storage Affiliates Trust was the among the top gainers in the reit - industrial industry, gaining 30.03% yesterday.

National Storage Affiliates Trust shares are trading higher after the company announced it be acquired by Public Storage.

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 43, which is 20 points higher than the industrial reit industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Innovative Industrial Properties's stock has dropped -19.2% in the past year. It has underperformed other stocks in the industrial reit industry by -17 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 6 points higher than the industrial reit industry average of 23. It passed 2 out of 7 valuation due diligence checks.

Cubesmart's stock has dropped -7.72% in the past year. It has underperformed other stocks in the industrial reit industry by -5 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 6 points higher than the industrial reit industry average of 23. It passed 2 out of 7 valuation due diligence checks.

Extra Space Storage's stock has dropped -4.86% in the past year. It has underperformed other stocks in the industrial reit industry by -2 percentage points.

Are industrial reit stocks a good buy now?

53.33% of industrial reit stocks rated by analysts are a buy right now. On average, analysts expect industrial reit stocks to rise by 5.05% 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).

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

The average P/E ratio of the reit - industrial industry is 28.56x.
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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.