Best Office REIT Stocks to Buy Now (2026)
Top office 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 office reit stocks to buy now. Learn More.

Industry: REIT - Office
F
REIT - Office 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
Price
Value
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
PSTL
POSTAL REALTY TRUST INC
$17.96$4.13335.15%37.42x31.82x4.85x1.71x4.82x-$81.76M-18.49%$273.93M11.12$813.18M15.70
NLOP
NET LEASE OFFICE PROPERTIES
$18.99N/AN/A-1.56xN/A2.43x0.65xN/A$157.90M56.13%$430.25M29.04$287.31M-2.42
ARE
ALEXANDRIA REAL ESTATE EQUITIES INC
$58.14N/AN/A-6.89x-368.91x3.33x0.65xN/A$1.86B18.50%$15.47B89.27$21.92B148.52
ONL
ORION PROPERTIES INC
$2.41N/AN/A-0.99x-4.87x0.90x0.21xN/A$31.66M23.32%$658.82M11.70$554.73M-13.76
CDP
COPT DEFENSE PROPERTIES
$30.34$10.12199.69%22.81x22.89x4.58x2.28x4.50x$81.10M2.36%$1.51B13.31$5.90B14.98
KRC
KILROY REALTY CORP
$35.00N/AN/A12.77x69.31x3.67x0.76xN/A$70.60M1.71%$5.47B46.20$8.36B10.41
VNO
VORNADO REALTY TRUST
$32.09N/AN/A7.33x-1,588.61x3.40x1.02xN/A$690.46M11.20%$6.07B31.59$12.90B7.30
HIW
HIGHWOODS PROPERTIES INC
$26.28N/AN/A22.66x35.40x3.52x1.25xN/A$339.11M11.90%$2.32B21.37$6.25B10.97
BDN
BRANDYWINE REALTY TRUST
$2.86N/AN/A-2.65x-5.45x1.02x0.59xN/A$209.02M42.06%$841.55M4.85$2.71B22.98
PDM
PIEDMONT REALTY TRUST INC
$8.32N/AN/A-14.60x-117.68x1.83x0.67xN/A-$1.92M-0.18%$1.54B12.33$3.22B11.57
BXP
BXP INC
$65.22N/AN/A-50.95x28.91x2.98x2.07xN/A-$61.65M-0.60%$5.00B31.57$26.74B19.56
CMCT
CREATIVE MEDIA & COMMUNITY TRUST CORP
$3.36N/AN/A0.06xN/A0.02x0.01xN/A-$21.37M-843.63%$281.93M373.91$482.19M15.85
DEA
EASTERLY GOVERNMENT PROPERTIES INC
$23.20$5.62312.94%76.07x49.94x3.21x0.80x2.20x-$172.84M-16.43%$1.33B29.41$2.69B13.72
FSP
FRANKLIN STREET PROPERTIES CORP
$0.90N/AN/A-2.00x-2.78x0.85x0.15xN/A$22.11M23.67%$615.34M5.93$309.73M13.00
JBGS
JBG SMITH PROPERTIES
$16.85N/AN/A-8.30x-8.52x2.04x0.84xN/A-$95.59M-9.36%$1.19B19.65$3.37B17.63
HPP
HUDSON PACIFIC PROPERTIES INC
$8.98N/AN/A-0.53x-2.43x0.74x0.15xN/A-$20.97M-3.62%$3.25B50.41$4.24B39.49
DEI
DOUGLAS EMMETT INC
$10.52N/AN/A87.67x-65.10x1.76x0.90xN/A$96.22M5.47%$1.95B11.64$6.92B10.28
CUZ
COUSINS PROPERTIES INC
$25.55$3.18703.15%73.00x81.60x4.45x0.91x8.02x-$918.03M-21.39%$4.73B28.19$7.60B12.47
SLG
SL GREEN REALTY CORP
$44.91N/AN/A1,497.00x-20.42x3.25x0.85xN/A-$229.92M-7.27%$3.77B53.57$8.78B16.89
ESBA
EMPIRE STATE REALTY OP LP
$6.48$7.15-9.35%29.45xN/A2.26x0.09x0.40x$79.78M4.61%$1.80B6.74$2.01B5.61

Office REIT Stocks FAQ

What are the best office reit stocks to buy right now in Jan 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 office reit stocks to buy right now are:

1. Postal Realty Trust (NYSE:PSTL)


Postal Realty Trust (NYSE:PSTL) is the #1 top office reit stock out of 20 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 Postal Realty Trust (NYSE:PSTL) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.

Postal Realty Trust (NYSE:PSTL) has a Due Diligence Score of 43, which is 24 points higher than the office reit industry average of 19.

PSTL passed 16 out of 38 due diligence checks and has strong fundamentals. Postal Realty Trust has seen its stock return 36.68% over the past year, overperforming other office reit stocks by 64 percentage points.

Postal Realty Trust has an average 1 year price target of $18.25, an upside of 1.61% from Postal Realty Trust's current stock price of $17.96.

Postal Realty Trust stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Postal Realty Trust, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Net Lease Office Properties (NYSE:NLOP)


Net Lease Office Properties (NYSE:NLOP) is the #2 top office reit stock out of 20 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 Net Lease Office Properties (NYSE:NLOP) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.

Net Lease Office Properties (NYSE:NLOP) has a Due Diligence Score of 11, which is -8 points lower than the office reit industry average of 19.

NLOP passed 3 out of 33 due diligence checks and has weak fundamentals. Net Lease Office Properties has seen its stock lose -40.43% over the past year, underperforming other office reit stocks by -13 percentage points.

3. Alexandria Real Estate Equities (NYSE:ARE)


Alexandria Real Estate Equities (NYSE:ARE) is the #3 top office reit stock out of 20 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 Alexandria Real Estate Equities (NYSE:ARE) is: Value: C, Growth: C, Momentum: D, Sentiment: C, Safety: D, Financials: C, and AI: C.

Alexandria Real Estate Equities (NYSE:ARE) has a Due Diligence Score of 13, which is -6 points lower than the office reit industry average of 19.

ARE passed 4 out of 38 due diligence checks and has weak fundamentals. Alexandria Real Estate Equities has seen its stock lose -43.06% over the past year, underperforming other office reit stocks by -16 percentage points.

Alexandria Real Estate Equities has an average 1 year price target of $58.33, an upside of 0.33% from Alexandria Real Estate Equities's current stock price of $58.14.

Alexandria Real Estate Equities stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Alexandria Real Estate Equities, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the office reit stocks with highest dividends?

Out of 13 office reit stocks that have issued dividends in the past year, the 3 office reit stocks with the highest dividend yields are:

1. Vornado Realty Trust (NYSE:VNO)


Vornado Realty Trust (NYSE:VNO) has an annual dividend yield of N/A, which is N/A percentage points lower than the office reit industry average of 5.24%. Vornado Realty Trust's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Vornado Realty Trust's dividend has shown consistent growth over the last 10 years.

Vornado Realty Trust's dividend payout ratio of 16.9% indicates that its dividend yield is sustainable for the long-term.

2. Brandywine Realty Trust (NYSE:BDN)


Brandywine Realty Trust (NYSE:BDN) has an annual dividend yield of 16.08%, which is 11 percentage points higher than the office reit industry average of 5.24%. Brandywine Realty Trust's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Brandywine Realty Trust's dividend has not shown consistent growth over the last 10 years.

Brandywine Realty Trust's dividend payout ratio of -49.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Easterly Government Properties (NYSE:DEA)


Easterly Government Properties (NYSE:DEA) has an annual dividend yield of 8.67%, which is 3 percentage points higher than the office reit industry average of 5.24%. Easterly Government Properties's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Easterly Government Properties's dividend has not shown consistent growth over the last 10 years.

Easterly Government Properties's dividend payout ratio of 729.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are office reit stocks up?

Office reit stocks were up 0.49% in the last day, and down -1.38% over the last week.

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

What are the most undervalued office 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 office reit stocks right now are:

1. Copt Defense Properties (NYSE:CDP)


Copt Defense Properties (NYSE:CDP) is the most undervalued office reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Copt Defense Properties has a valuation score of 29, which is 6 points higher than the office reit industry average of 23. It passed 2 out of 7 valuation due diligence checks.

Copt Defense Properties's stock has dropped -0.26% in the past year. It has overperformed other stocks in the office reit industry by 27 percentage points.

2. Highwoods Properties (NYSE:HIW)


Highwoods Properties (NYSE:HIW) is the second most undervalued office reit stock based on its Valuation Rating of C. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Highwoods Properties has a valuation score of 29, which is 6 points higher than the office reit industry average of 23. It passed 2 out of 7 valuation due diligence checks.

Highwoods Properties's stock has dropped -11.96% in the past year. It has overperformed other stocks in the office reit industry by 15 percentage points.

3. Kilroy Realty (NYSE:KRC)


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

Kilroy Realty has a valuation score of 43, which is 20 points higher than the office reit industry average of 23. It passed 3 out of 7 valuation due diligence checks.

Kilroy Realty's stock has dropped -11.84% in the past year. It has overperformed other stocks in the office reit industry by 15 percentage points.

Are office reit stocks a good buy now?

43.75% of office reit stocks rated by analysts are a hold right now. On average, analysts expect office reit stocks to rise by 15.95% over the next year.

0% of office reit stocks have a Zen Rating of A (Strong Buy), 0% of office reit stocks are rated B (Buy), 63.16% are rated C (Hold), 21.05% are rated D (Sell), and 15.79% are rated F (Strong Sell).

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

The average P/E ratio of the reit - office industry is 96.43x.
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.