Simon Property Group Lease Costs increased by 24.8% to $170.76M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.8%, from $136.82M to $170.76M. This is a positive signal — lower values indicate better performance for this metric.
Rising costs relative to revenue may indicate operational inefficiencies or aging assets requiring higher maintenance spend.
These are the direct operating expenses incurred to maintain and manage leased properties, including property taxes, ins...
Comparable to property operating expenses (OpEx) reported by other industrial REITs.
is_wfc_lease_costs| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $96.07M | $108.56M | $124.47M | $103.66M | $112.41M | $120.86M | $136.54M | $132.44M | $132.44M | $132.44M | $132.44M | $136.82M | $170.76M |
| QoQ Change | — | +13.0% | +14.7% | -16.7% | +8.4% | +7.5% | +13.0% | -3.0% | +0.0% | +0.0% | +0.0% | +3.3% | +24.8% |
| YoY Change | — | — | — | — | +17.0% | +11.3% | +13.0% | — | — | -3.0% | — | +3.3% | +24.8% |
| Segment | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Real Estate | $154.05M | $154.05M | $164.61M | $164.61M | $164.61M | $164.61M | $171.74M | $225.92M |
| Total | $136.54M | — | $132.44M | $132.44M | $132.44M | $132.44M | $136.82M | $170.76M |