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Leading office real estate investment trusts (REITs) in the United States from 2019 to 2025, by market capitalization (in billion U.S. dollars)

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Source

Release date

December 2025

Region

United States

Survey time period

November 2019, November 2020, December 2021, September 2022, October 2023, October 2024, October 2025

Special properties

REITs in the FTSE Nareit All REITs Index and S&P Equity Indexes

Citation formats

Market cap of leading office REITs in the U.S. 2019-2025

Published by ÌÇÐÄÆƽâ°æ Research Department, Feb 5, 2026

As of October 2025, the 10 leading office real estate investment trusts (REITs) in the United States had a combined market capitalization of about **** billion U.S. dollars. Most REITs in the list experienced a decrease in market capitalization in 2025. The largest office REIT, Boston Properties, Inc., saw its market cap decrease from **** billion U.S. dollars to **** billion U.S. dollars between October 2024 and October 2025.

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Office real estate in the U.S.Commercial real estate in the U.S.Industrial and logistics real estate in the U.S.Office real estate in ChinaHybrid work
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