Public Storage Lansing — Accumulated Depreciation increased by 33.1% to $5.79M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 33.1%, from $4.35M to $5.79M. This increase may warrant attention — for this metric, lower values are generally preferred.
A high ratio of accumulated depreciation to gross cost may indicate an aging portfolio that requires future capital investment.
The cumulative depreciation recorded against the building and improvement assets in the Lansing market. This reflects th...
Standard accounting metric used to assess the age and condition of real estate assets.
psa_segment_lansing_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $2.62M | $2.79M | $3.21M | $4.35M | $5.79M |
| QoQ Change | — | +6.6% | +15.0% | +35.6% | +33.1% |
| YoY Change | — | +6.6% | +15.0% | +35.6% | +33.1% |