Discontinued — last reported Q4 '24
Public Storage Minneapolis/St. Paul — Accumulated Depreciation increased by 12.9% to $210.95M in Q4 2024 compared to the prior quarter.
A high ratio of accumulated depreciation to gross cost may indicate an aging portfolio that might require future capital investment.
The total amount of depreciation expense recorded against the Minneapolis/St. Paul real estate assets since their acquis...
Standard accounting metric for all asset-heavy companies, comparable across the real estate sector.
psa_segment_minneapolis_st_paul_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|
| Value | $148.05M | $166.69M | $186.86M | $210.95M |
| QoQ Change | — | +12.6% | +12.1% | +12.9% |
| YoY Change | — | +12.6% | +12.1% | +12.9% |