Public Storage Norfolk — Accumulated Depreciation increased by 7.2% to $104.35M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.2%, from $97.32M to $104.35M. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher accumulated depreciation relative to gross cost may indicate an aging portfolio that requires future capital investment.
The total amount of depreciation taken against the Norfolk real estate assets since their acquisition or construction. T...
Standard accounting metric for 'Accumulated Depreciation' across all real estate companies.
psa_segment_norfolk_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $77.31M | $84.17M | $89.68M | $97.32M | $104.35M |
| QoQ Change | — | +8.9% | +6.6% | +8.5% | +7.2% |
| YoY Change | — | +8.9% | +6.6% | +8.5% | +7.2% |