Public Storage Phoenix — Initial Cost, Land remained flat by 0.0% to $108.05M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $108.05M to $108.05M.
Provides a baseline for assessing the historical capital investment and potential appreciation of land assets in the region.
The original purchase price or historical cost basis of the land parcels acquired for storage facilities in the Phoenix...
Standard historical cost accounting for real estate assets across the industry.
psa_segment_phoenix_initial_cost_land| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $92.14M | $99.45M | $108.05M | $108.05M | $108.05M |
| QoQ Change | — | +7.9% | +8.6% | +0.0% | +0.0% |
| YoY Change | — | +7.9% | +8.6% | +0.0% | +0.0% |