Public Storage Seattle/Tacoma — Accumulated Depreciation increased by 8.4% to $529.84M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.4%, from $488.99M to $529.84M. This increase may warrant attention — for this metric, lower values are generally preferred.
High accumulated depreciation relative to gross cost may indicate an aging portfolio that requires future capital investment for renovations.
The total amount of depreciation recorded against the buildings and improvements in the Seattle/Tacoma region over time....
Standard accounting metric for real estate assets across the industry.
psa_segment_seattle_tacoma_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $379.52M | $410.73M | $447.89M | $488.99M | $529.84M |
| QoQ Change | — | +8.2% | +9.0% | +9.2% | +8.4% |
| YoY Change | — | +8.2% | +9.0% | +9.2% | +8.4% |