First Industrial Realty: A Top Industrial Pick With Solid Upside Potential

(9min)

Summary

  • REITs have faced challenges but now trade at attractive valuations with solid upside potential over the next 1 to 2 years.
  • Industrial REITs, especially in Southern California, have experienced downward pressure but maintain strong fundamentals despite market volatility.
  • First Industrial Realty Trust is a fundamentally sound industrial REIT with significant long-term upside potential.
  • Post-election interest rate uncertainty presents opportunities for REITs, making them appealing investments in the current market environment.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More »
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Introduction

REITs have faced their fair share of headwinds over the past two years. And recently pulled back from a short rally this past July due to anticipation of the first rate cut that happened this September.

However, with uncertainty surrounding



This article was written by

6.43K Followers

Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC's, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income and live off dividends in the next 5-7 years. I aspire to reach and help the hard working, lower and middle class workers build investment portfolios of high quality, dividend-paying companies. I also hope to give investors a new perspective to help them reach financial independence.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of REXR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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