Public Storage Chicago — Accumulated Depreciation increased by 6.1% to $505.45M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $476.31M to $505.45M. This increase may warrant attention — for this metric, lower values are generally preferred.
Increasing accumulated depreciation is expected over time; a high ratio relative to gross cost may suggest an aging portfolio.
The total amount of depreciation taken on buildings and improvements in the Chicago market since their acquisition. This...
Standard accounting metric for all depreciable real estate assets.
psa_segment_chicago_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $405.08M | $427.56M | $449.62M | $476.31M | $505.45M |
| QoQ Change | — | +5.5% | +5.2% | +5.9% | +6.1% |
| YoY Change | — | +5.5% | +5.2% | +5.9% | +6.1% |