Industrial REITs
What Are Industrial REITs? Industrial Real Estate Investment Trusts (REITs) own and manage warehouses, distribution centers, and logistics facilities, often located near major transportation hubs. These REITs generate income by leasing space to e-commerce companies, third-party logistics providers, and manufacturers.
Why Invest? Industrial REITs benefit from the booming e-commerce sector, as businesses increasingly rely on efficient supply chains and last-mile delivery networks. With long-term leases and high demand for storage and distribution space, industrial REITs offer strong cash flow and potential for capital appreciation.
Challenges & Outlook While supply chain disruptions and rising construction costs pose challenges, the continued growth of e-commerce and the need for efficient logistics infrastructure support long-term growth. As global trade and online shopping expand, industrial REITs remain a compelling investment in the real estate sector.
Industrial REITs
Updated Nov 10, 2026, 3:00 AM ET
- REITs
- 8
- Combined Mkt Cap
- $171B
- Snapshot Avg Yield
- 4.23%
The snapshot average uses 8 reported yields with equal weight, including zero yields and excluding missing values. Individual company data may update after this snapshot.
The Numbers Behind the Sector
Updated Nov 10, 2026, 3:00 AM ET
- Fwd FFO
- 19.1x
- 3-Yr FFO Growth
- +18.7%
- 3-Yr Return
- +10.5%
- Avg Discount
- -12.1%
- Net Debt/EBITDA
- 5.1x
- Market Value
- $171.00B
| Company | Ticker | Market Cap | Dividend Yield | P/FFO | 3Yr Total Return |
|---|---|---|---|---|---|
| Prologis | PLD | $126B | 3.28% | 20.8x | +11.7% |
| EastGroup | EGP | $10.7B | 3.51% | 20.7x | +9.6% |
| Rexford | REXR | $8.21B | 4.50% | 15.8x | -0.5% |
| Terreno | TRNO | $7.43B | 3.38% | 23.8x | +11.1% |
| STAG Industrial | STAG | $7.36B | 4.14% | 14.2x | +7.1% |
| First Industrial | FR | $7.28B | 3.64% | 17.4x | +12.0% |
| LXP Industrial | LXP | $3.61B | 4.58% | 18.2x | Not reported |
| Industrial Logistics | ILPT | $0.39B | 6.80% | 4.8x | +32.5% |
Frequently Asked Questions
How many Industrial REITs are tracked here?
Hoya Capital's Industrial REITs table contains 8 companies classified in this sector in its company database. This is the number of tracked records, not a count of every business in the industry or a recommendation to purchase any security.
What is the average dividend yield for Industrial REITs?
The simple average dividend yield for the tracked Industrial REITs is 4.23%, using 8 reported yields. Each reported yield receives equal weight, including zero yields; missing values are excluded. This calculation describes the company table and is not a forecast of future distributions.
What is the median dividend yield for Industrial REITs?
The median reported dividend yield for Industrial REITs is 3.89% across 8 companies. The median is the middle observation after sorting yields, or the average of the two middle observations when the count is even. Missing yields are excluded.
Which tracked company is largest in Industrial REITs by market capitalization?
Prologis (PLD) has the largest reported market capitalization in the Industrial REITs table, at $126.00 billion. Market capitalization measures equity market value, not property value or investment quality. The comparison covers only tracked companies with a reported value.