Extra Space Storage AL — Building and Improvements Initial Cost decreased by 5.0% to $364.79M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from $384.03M to $364.79M.
Higher costs indicate significant initial development or acquisition investment in the regional portfolio.
The initial capital expenditure incurred to construct or acquire the buildings and physical improvements on the land wit...
Standard historical cost accounting for building assets in real estate portfolios.
exr_segment_al_building_and_improvements_initial_cost| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $62.77M | $78.24M | $380.50M | $384.03M | $364.79M |
| QoQ Change | — | +24.6% | +386.3% | +0.9% | -5.0% |
| YoY Change | — | +24.6% | +386.3% | +0.9% | -5.0% |